by Charles Wamae | May 18, 2021 | Legal update
A. Introduction A Share can be defined as a single unit of ownership in a Company. It is transferred from one person to another through a share transfer document duly executed by or on behalf of both the transferor and the transferee. Section 497 of the Companies Act...
by Charles Wamae, Virginiah Nduta, Janeirene Maina and Lynda Kemunto | May 13, 2021 | Legal alerts
INTRODUCTION On 11th December 2020, President Uhuru Kenyatta signed the Sectional Properties Act, 2020 into law repealing the Sectional Properties Act, 1987. The Sectional Properties Act, 2020 mainly simplifies the process of registering sectional properties in...
by Charles Wamae, Janeirene Maina and Virginiah Nduta | Feb 2, 2021 | News
The Ministry of Lands and Physical Planning vide Legal Notice Number 151, gazetted the appointment of private valuers pursuant to the amendment of Section 10A of the Stamp Duty Act, Cap 480 (Click here), and the Stamp Duty (Valuation of Immovable Property) Regulations...
by Charles Wamae, Janeirene Maina and Virginiah Nduta | Jan 12, 2021 | Legal alerts, News
The Cabinet Secretary for Ministry of Lands and Physical Planning, pursuant to Section 6 of the Land Registration Act and to the Land Registration (Registration Units) Order 2017 (Click here) published a conversion list vide Gazette Notice No. 11348 (Click here). The...
by Charles Wamae | Nov 5, 2020 | Legal update
A. INTRODUCTION Pursuant to Section 93A of the Companies Act and the Companies (Beneficial Ownership Information) Regulations, 2020 (hereinafter referred to as “the Regulations”), every Company duly incorporated in Kenya is required to disclose information as regards...
