Section 648 of Insolvency Act CAP 53: Notification of end of moratorium to be given by monitor
(1) Within fourteen days after a moratorium has come to an end, the monitor shall— (a) publish—
(i) once in the Gazette;
(ii) once in at least two newspapers circulating in area in which the company has its principal place of business in Kenya; and
(iii) on the company's website (if any), a notice to the effect that the moratorium has ended;
(b) give to any creditor of the company who has applied for a liquidation order against the company before the coming into effect of the moratorium a notice to the effect that the moratorium has ended; and
(c) lodge a copy of the notice with the Registrar for registration.
(2) A monitor who, without reasonable excuse, fails to comply with a requirement of subsection (1) commits an offence and on conviction is liable to a fine not exceeding two hundred thousand shillings.
(3) If, after being convicted of an offence under subsection (2), a monitor continues to fail to comply with the relevant requirement, the monitor commits a further offence on each day on which the failure continues and on conviction is liable to a fine not exceeding twenty thousand shillings for each such offence.
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