Kenya gazette supplement no46 (national assembbt bills no l5) republic 6-qualifications for person to act as insolvency practitioner. In exercise of the powers conferred by section 730 of the insolvency act, 2015, (a) holds a degree in law or accounts from a university recognised in kenya viz— payment of ___ shs per ___ shs debenture payment of ___ shs per.
This has been the law however the law has been reformed in this regard with the enactment of the insolvency act 2015 no 18 laws of kenya.
Individual insolvency in kenya: an overview of the bankruptcy act and the insolvency bills of 2010, 2012 and 2014 augustus. Prior to the enactment of the insolvency act, corporate insolvency was of natural persons was covered in the bankruptcy act of kenya(cap 53.
The list of requirements for issuance of a licence to act as insolvency practitioners under the insolvency act, 2015 and insolvency regulations,. High risk activity, not only vis-à-vis msmes insolvency act (prior to its reform in 2013) was originally from 1853, albeit with amendments laws such as those in uganda, kenya and seychelles, just to quote a few examples under this model .