A fixed-term contract is a contract of service that specifies the start date and the end date of the employment. Termination of this type of contract orexpectation of renewal has been left to the interpretation of the court and theapplication of the principle of legitimate expectation. The Court of Appeal of Kenya has in Transparency International-Kenya…
Category: Legal Advisory Services
Be it turnover or profitability of a firm, financial issues in business are highly pegged on the strategic management of an entity. All businesses that exist, exist to make a profit, and FOBs are not an exception. It will be a misdemeanor not to discuss how important corporate governance influences the financial affairs in FOBs.
Subject to section 1022 of the Companies Act 2015, the Attorney General published the Companies (Beneficial Ownership Information) Regulations, 2020 through Legal Notice No 12 dated 18th February 2020. The Regulations require that all companies maintain a register of beneficial owners, which discloses the particulars of natural persons who own or control the company. The regulations…