Lean times as number of Kenyan firms facing liquidation doubles
A company is deemed unable to pay its debts if it fails to pay a debt of Ksh100, 000 ($826.44) or more after 21 days of a written demand.
Source: theeastafrican.co.ke
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A company is deemed unable to pay its debts if it fails to pay a debt of Ksh100, 000 ($826.44) or more after 21 days of a written demand.