THE NEW COMPANIES ACT 2015 HAS COME INTO OPERATION IN KENYA

Many people will now be aware that Kenya has embarked on its long overdue transition to modern company and insolvency laws with the recent enactment of the new Companies Act, 2015 and the Insolvency Act, 2015. The purpose of this article is to highlight some of the main changes (and challenges) that will come with the new Companies Act, 2015 (New Act).