Section 749 of The Companies Act No. 17 of 2015: Company’s duties in relation to statement

(1) Unless within twenty-one days from and including the day on which the auditor lodged a statement in accordance with section 748 the auditor receives notice of an application to the Court under...

(1) An auditor who ceases to hold office before the end of the term for which the auditor was appointed shall notify the appropriate audit authority. (2) The auditor shall state in the notice that...

(1) If an auditor ceases to hold office before the end of the auditor’s term of office, the company shall notify the appropriate audit authority of that fact. (2) The company shall include in the...

(1) As soon as practicable after receiving a notice under section 751 or 752,the appropriate audit authority— (a) shall inform the Cabinet Secretary and the Institute of Certified Public Accountants...

In this Division, “appropriate audit authority” means such body as is designated by the regulations as the appropriate audit authority for the purposes of this Division.

In an auditor of a company ceases to hold office for any reason, any surviving or continuing auditor or auditors may continue to act in relation to the company.

(1) If members of a quoted company propose to raise at the next general meeting of the company at which a financial statement of the company is to be presented a matter relating to— (a) the audit of...

(1) A quoted company to which a request under section 756 is made shall make the information to be published for the purposes of that section available on a website that— (a) is maintained by or on...

(1) A quoted company shall, in the notice that it gives of its financial statementmeeting, draw attention to— (a) the possibility of a statement being placed on a website in accordance with requests...

(1) If a quoted company fails to comply with a requirement of section 757(1) or(3) or 758(1) or (3), the company, and each officer of the company who is in default, commit an offence and on conviction...

A company is a quoted company for the purposes of this Division only if it is a quoted company for the purpose of section 627 in relation to the financial year for which a financial statement of the...

(1) This section applies to any provision— (a) for exempting an auditor of a company, to any extent, from liability that would otherwise be incurred by the auditor in connection with any negligence,...

Section 761 does not prevent a company from indemnifying an auditor against liability incurred in defending proceedings, whether civil or criminal, in which judgement is given in the auditor’s favour...

(1) This section applies to the following persons— (a) an officer of a company; (b) a person employed by a company as an auditor. (whether or not the person is an officer of the company). (2) If,...

(1) For the purposes of this Division, an agreement is a liability limitationagreement if it purports to limit the extent of a liability owed to a company by its auditor in respect of any negligence,...

(1) A liability limitation agreement is not effective if it— (a) purports to apply in respect of acts or omissions occurring in the course of the audit of financial statements for more than one...

(1) A liability limitation agreement is authorised by the members of the company only if it has been authorised under this section and that authorisation has not been withdrawn. (2) A private company...

(1) A liability limitation agreement is not effective to limit the auditor’s liability toless than such amount as is fair and reasonable having regard to— (a) the auditor's responsibilities under...

(1) A company that has entered into a limited liability agreement shall disclosedetails of the agreement— (a) in the case of a company that prepares an individual financial statement—in notes to the...

(1) The directors of a quoted company shall ensure that the company has anaudit committee appointed by the shareholders of a size and capability appropriate for the business conducted by the...

(1) The audit committee of a quoted company shall— (a) set out the corporate governance principles that are appropriate for the nature and scope of the company's business; (b) establish policies and...

The purpose of this Part is to ensure— (a) persons who are properly supervised and appropriately qualified are appointed as statutory auditors; and (b) that audits by persons so appointed are...

A natural person or firm is eligible for appointment as an auditor only if the person, or each partners of the firm— (a) is the holder of a practicing certificate issued under section 21 of the...

(1) A person shall not act as a statutory auditor of a company, or of a body of a kind prescribed by the regulations for the purposes of this section, unless the person is eligible for appointment as...

(1) A person may not act as statutory auditor of an audited company if the person is— (a) an officer or employee of the audited company; (b) a partner or employee of the audited company, or a...

(1) If, at any time during the statutory auditor’s term of office, the auditor becomes prohibited from acting as such by section 774(1), the auditor shall immediately— (a) resign from office;...

(1) If a partnership is appointed as statutory auditor of an audited person, the appointment is, unless a contrary intention appears, an appointment of the partnership as such and not of the...

A person holds an appropriate qualification for the purposes of this Part if the person holds a practising certificate issued under section 21 of the Accountants Act (No. 15 of 2008).

(1) The Cabinet Secretary may, on the recommendation of the Institute of Certified Public Accountants of Kenya, by notice published in the Gazette, declare that persons of the following classes are to...

(1) The Cabinet Secretary may, by notice, require a person eligible forappointment as a statutory auditor to provide such information as that Secretary may reasonably require for the purposes of this...

(1) A member of a company may apply to the Court by application for an order under section 782 on the ground— (a) that the company's affairs are being or have been conducted in a manner that is...

(1) This section applies to a company in respect of which— (a) the Attorney General has received an inspector's report under Part XXX; (b) the Attorney General has exercised the powers under section...

(1) If, on the hearing of an application made in relation to a company undersection 780 or 781, the Court finds the grounds on which the application is made to be substantiated, it may make such...

(1) If an order of the Court made under section 782— (a) alters the company's constitution; or (b) authorises or directs the company to make any, or any specified, alterations to its constitution,...

(1) This section applies to an order made by the Court under section 782 that alters a company’s constitution. (2) If the order amends—(a) a company's articles; or (b) any resolution or agreement to...

(1) In this Part— (a) a reference to an officer or agent includes a former officer or agent; (b) "agent", in relation to a company or other body corporate, includes a banker or advocate of the...

(1) The Court may appoint one or more competent inspectors to investigatethe affairs of a company and to report on those affairs in such manner as the Court directs— (a) in the case of a company...

(1) The Court shall appoint one or more competent inspectors to investigate the affairs of a company and to report on those affairs in such manner as the Court directs if the company by special...

An inspector appointed to investigate the affairs of a company may also investigate the affairs of another body corporate that is related to the company if the inspector considers that the results of...

(1) In conducting an investigation under this Division, an inspector shall comply with any direction given by the Court under this section. (2) The Court may give an inspector appointed under section...

(1) The Court may direct an inspector appointed under section 786 and 787(1) to take no further action in conducting the investigation if— (a) matters have come to light in the course of the...

(1) An inspector appointed under section 786 or 787 may resign by notice givento the Court. (2) The Court may revoke the appointment of an inspector by notice given to the inspector.

(1) If an inspector appointed by the Court to conduct an investigation resigns ordies, or the inspector’s appointment is revoked by the Court, the Court may appoint an inspector to continue the...

(1) Every officer and agent of a company in relation to which an inspector has been appointed under section 786 or 787 and, if the investigation extends to a body corporate related to the company,...

(1) If an officer or agent of the company or other body corporate— (a) refuses to produce to an inspector a document that the inspector has, under section 793, required the officer or agent to...

(1) If an inspector appointed under section 786 or 787 believes it necessary for the purpose of the investigation that a person whom the inspector has no power to examine on oath should be so...

(1) This section applies to a person who has been appointed as an inspector under section 786 or 787, but— (a) who has since resigned; or whose appointment has since been revoked. (2) This section...

(1) An inspector appointed by the Court— (a) may (and if so directed by the Court, shall) make interim reports to the Court about the progress of the investigation; and (b) as soon as practicable...

(1) If it appears to the Court that a person has, in relation to the company or to any other body corporate whose affairs have been investigated committed an offence for which the person is criminally...

(1) The expenses of and incidental to an investigation by inspectors appointed by the Court are in the first instance to be met by the Attorney General, but the persons referred to in subsections (2)...