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{
    "id": 578218,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/578218/?format=api",
    "text_counter": 155,
    "type": "speech",
    "speaker_name": "Hon. Chepkong’a",
    "speaker_title": "",
    "speaker": {
        "id": 1154,
        "legal_name": "Samuel Kiprono Chepkonga",
        "slug": "samuel-kiprono-chepkonga"
    },
    "content": "Hon. Temporary Deputy Chairlady, I beg to move:- THAT, Clause 386 of the Bill be amended— (a) in sub-clause (2) by deleting the words “Division 4 of Part XVI of” appearing immediately after the word “under” in paragraph (a); and, (b) in sub-clause (3) by deleting the words “in accordance with Section 472(1) to (3) of” appearing immediately after the word “statement” in paragraph (e) and substituting therefor the words “that the company will be able to continue to carry on business as a going concern under”. Hon. Temporary Deputy Chairlady, the reason is, as you know, we approved the Companies Bill yesterday and it is awaiting presidential assent. In that Bill, we made certain amendments. The references to the Companies Bill have changed as a result of the amendments that we made in it. So, we are seeking to re-align the Insolvency Bill with the Companies Bill that has already been passed by Parliament. We agreed that those three Bills will be passed in a sequential manner. They are the Companies Bill, the Insolvency Bill and the Consequential (Amendments) Bill, which will be coming later on. So, as a result of that, certain Sections of that Bill have changed. Therefore, we are moving those amendments so that they are aligned as contained in the Order Paper of today. Thank you."
}