Affidavit for Voluntary Surrender of Shares Affidavit

Affidavit Template - Action Required
This is a professionally drafted affidavit template only. You must have it sworn and stamped by a Commissioner for Oaths or Notary Public after purchase.

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Price: KES 400

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After download, take this document to a Commissioner for Oaths or Notary Public for swearing and stamping.

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Document Overview

An Affidavit for Surrender of Shares in Kenya is a sworn written statement made by a shareholder before a Commissioner for Oaths or Notary Public declaring that they are voluntarily giving up (surrendering) their shares in a company. It is a legal confirmation that the shareholder no longer claims ownership or rights over the surrendered shares.

It usually contains:
1. The shareholder’s details (name, ID, address).
2. The number of shares being surrendered.
3. A statement that the surrender is voluntary and in line with the company’s Articles of Association and the Companies Act, 2015.
4. Confirmation that the share certificates have been returned.
5. The signature of the shareholder (deponent) and attestation by a Commissioner for Oaths.

Purpose:
1. It formally proves that a shareholder has willingly surrendered their shares.
2. It prevents future disputes or claims by the surrendering shareholder.
3. It allows the company to update its register of members accurately.

Download the template, fill it, sign and have it stamped by Commissioner for Oaths, Advocate or Notary Public.

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Affidavit for Voluntary Surrender of Shares Affidavit

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