The CS in Private Practice workshop focuses on issues specific to practicing Certified Secretaries and other officers involved in corporate secretarial. The seminar also offers the Practitioners an opportunity to network and share experiences on the various issues that they face on a day to day basis. The purpose of this workshop is to equip Certified Secretaries and other professionals with skills that will enable them effectively serve their organizations and clients on matters of corporate compliance requirements as per the Companies Act 2015.
1. Share Capital
This will be an overview of those provisions relating to the changes in the share capital of a Company, including the statutory restrictions relating to:
a) The amount, nominal value and currency of issued share capital (Share capital).
b) The requirement for an authorized minimum share capital applicable to public companies (Authorized minimum).
c) The ways in which a company can alter its share capital, including changing the nominal value of its shares, reducing share capital and allotting new shares (Altering share capital).
d) The principle of maintenance of capital and the restrictions on a company’s ability to make returns of value to its shareholders (Maintenance of capital).
2. Change of Directors
This will be an overview on the key issues in appointing directors of Kenyan Companies and the various ways by which a director may cease to hold office. A director’s appointment may be terminated by resignation, under the company’s articles, by operation of law, by ordinary resolution of the Shareholders, under contract – such as a provision in a service agreement requiring the director to resign, by court order or by the death of the director. The presentation will give emphasis on a director’s removal from office.
3. Annual Returns
This will be a step-by-step process on how to complete the annual return, and an overview of the documents to accompany or to be filed with the Registrar on the filing of a return.