Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 578397,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/578397/?format=api",
    "text_counter": 334,
    "type": "speech",
    "speaker_name": "Hon. Chepkong’a",
    "speaker_title": "",
    "speaker": {
        "id": 1154,
        "legal_name": "Samuel Kiprono Chepkonga",
        "slug": "samuel-kiprono-chepkonga"
    },
    "content": "Thank you, Hon. Temporary Deputy Chairlady. Since this is the last proposed amendment, I would like to respond to Hon. Makali Mulu who raised the issue as to the length that insolvency practitioners are supposed to take in terms of either resuscitating or winding up the company. As it stands in the current Bill, they are allowed to be there for one year. Then they must exit so that they do not depreciate the assets of the company that is under receivership. There are very cogent provisions in this Bill that deal with that issue. Hon. Temporary Deputy Chairlady, I beg to move:- THAT, Clause 732 of the Bill be amended in Sub-clause (2)(b) by deleting the words “Section 1024(1) of” appearing immediately after the word “under”. We are seeking to remove the specific reference of clauses in the Companies Bill because amendments were already made in the Third Reading stage. Therefore, we want to make it clear that it refers to the Companies Act, 2015."
}