Form CR36 - Notice of Cancellation of Shares by a Company

Document Type

DOCX

Pages

Price: KES 200

Get Document Now

Professionally Drafted

Fully Customizable

12,000+ Happy Customers

Instant Delivery

Document Overview

Form CR36 - Notice of Cancellation of Shares by a Company is a statutory form prescribed under Section 428 of the Companies Act, 2015 (Kenya).

It is used to notify the Registrar when a company has cancelled issued shares, for example when:

1. Shares are forfeited,
2. Shares are repurchased and then cancelled, or
3. Shares are otherwise extinguished in accordance with law or the Articles

Purpose:
1. To formally inform the Registrar of Companies of the cancellation of shares.
2. To provide an updated statement of capital after the cancellation.
3. To ensure the public record matches the company’s true shareholding structure.
4. Required for compliance with Section 428(1) of the Companies Act, 2015

Key Components:
1. Company details – Name and number.
2. Details of cancellation –
- Class of shares cancelled (ordinary, preference, redeemable, etc.).
- Number of shares cancelled.
- Nominal value of each share.
3. Statement of capital (post-cancellation) – must reflect:
- Class of shares.
- Nominal value per share.
- Number of shares issued.
- Aggregate nominal value.
- Amounts paid/unpaid on shares.
4. Rights attached to shares – any rights remaining after cancellation (voting, dividend, etc.).
5. Lodger’s details – name, address, capacity, signature, date

Document Preview Below
Purchase now to receive the complete document instantly.

Preview

End of Preview
Purchase now to access the complete document.

Form CR36 - Notice of Cancellation of Shares by a Company

Document Overview

Preview

Related Legal Documents