The Companies Act No. 17 of 2015

Section 631 of The Companies Act No. 17 of 2015: Offences relating to company’s failure to preserve its records

(1) If a company fails to comply with a provision of section 630(1), the company,and each officer of the company who is in default, commit an offence.
(2) An officer of a company who—
(a) fails to take all reasonable steps to ensure that the company complies with section 630(2); or
(b) intentionally causes the company to fail to comply with that subsection, commits an offence.
(3) A person who is found guilty of an offence under subsection (1) is liableon conviction—
(a) in the case of a body corporate, to a fine not exceeding two million shillings; or
(b) in the case of a natural person, to a fine not exceeding one million shillings or to imprisonment for a term not exceeding two years, or to both.

Check the current authoritative text and amendment history before relying on this provision.

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