103, 2022
Client Alert - Upgrading the rates systems Kwale County [...]
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An Articles of Association (AOA), is a document that specifies the regulations for a company's operations and defines the company's purpose. -
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An Annual General Meeting Notice is where the company gives (must) a notice to its members for calling the AGM. The notice should mention the place, the date and day of the meeting, the hour at which the meeting is scheduled, plus a time period for the notice. The notice should also mention the business to be conducted at the AGM. -
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This Circular Board Resolution is a document that allows directors of a company to pass a resolution without a meeting of directors. They are commonly used for non-contentious and routine resolutions that need to be passed between board meetings. Most times it is passed when such approval is urgent in nature and cannot be kept on hold for passing such resolution in the ensuing Board meeting. -
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A Deed of Release is a legal document, also known as a deed of settlement, it refers to a legal document that eliminates a claim previously made on an asset. It helps with the documentation of release from a mandatory agreement. The deed may be included when a debtor receives the title of a property from the lender upon satisfactory completion of mortgage payments. The goal of a deed of release is to release the parties from past obligations. -
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A Deed of Release is a legal document, also known as a deed of settlement, it refers to a legal document that eliminates a claim previously made on an asset. It helps with the documentation of release from a mandatory agreement. The deed may be included when a debtor receives the title of a property from the lender upon satisfactory completion of mortgage payments. The goal of a deed of release is to release the parties from past obligations. -
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A board charter is a policy document that clearly sets out the respective roles, responsibilities and authorities of the board of directors (both individually and collectively) and management in setting the direction, of the management and the control of the organisation. -
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A General Power of Attorney is a broad mandate that gives an agent a lot of power to handle the affairs of a principal. The agent or the person designated to act on behalf of the principal is charged with handling several tasks. -
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Letter of Pledge is a formal or solemn promise or agreement, esp. to do or refrain from doing something. a collateral for the payment of a debt or the performance of an obligation. -
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Limited liability partnerships (LLPs) allow for a partnership structure where each partner's liabilities are limited to the amount they put into the business. This document states the terms, and liabilities in an LLP.