Fee Schedule – Official Receiver
The Official Receiver in Insolvency deals with Licensing & Supervision of Insolvency Practitioners, administration & supervision of Bankruptcy of Natural persons & Administration and Liquidation of Companies. The office carries out the functions under the Insolvency Act, No. 18 of 2015 and Bankruptcy Act (Cap 53 Laws of Kenya (repealed)) and Companies Act (Cap 486 Laws of Kenya (repealed)) respectively.
| Service Offered | Requirements | Charges (Kshs) | Timeline |
|---|---|---|---|
| Issuance of Compliance Certificate for Debtor’s Petition in Bankruptcy | · FORM NO. 9 · FORM NO. 10 · FORM NO. 11 · FORM NO. 8 | 30000 | 1 Day |
| Issuance of Compliance Certificate for Creditor’s Petition in Bankruptcy | · FORM NO. 3 · FORM NO. 4 · FORM NO. 5 · FORM NO. 9 · FORM NO. 6 | 50000 | 1 Day |
| Gazettement of Order appointing the Official Receiver (From the petitioner or the Deputy Registrar of the Court that made the order) | · FORM NO. 13 · FORM NO. 14 · FORM NO. 32G · FORM NO. 32F · FORM NO. 37 · FORM NO. 35 | Paid from the amount deposited according to the printer’s rates. | Gazette within 30 days after issuance |
| Holding 1st Creditors Meetings | Debtor’s presence is mandatory | Nil | Within 30 days after issuance of Bankruptcy order |
| Holding 1st Creditors Meetings | Creditors to File Proof of Debt Forms. | 500 | Within 30 days after issuance of Bankruptcy order |
| Public Examination | · Attendance of debtor and creditors in court | Nil | Determined by the Court |
| Supervising Bankrupt/No Asset Procedure/Summary Installment orders | · The applicants are expected to fully comply with the insolvency Act · FORM NO. 20 | Nil | Every 3 Months |
| Application for Insolvency Practitioners | · Applicants to fill FORM NO. 1 and supply all the requisite documents | 50000 | 5 days |
| Application for Insolvency Practitioners | · Applicants to fill FORM NO. 1 and supply all the requisite documents | 50000 | 5 days |
| Application for Insolvency Practitioners | · Applicants to fill FORM NO. 1 and supply all the requisite documents | 50000 | 5 days |
| Supervising the Bankrupt | · The Debtor/Bankrupt reports to Official Receiver after every three months | Fees as per remuneration order after discharge | Within every Three Months |
| Gazettement of Insolvency Practitioners | · The Official Receiver will keep updating the register | As per the printer’s rate | Annual |
| Perusal of file | · The customer to provide an official request. | 200 per file | 1 day |
| Inspection of Documents | · The customer to provide an official request | 200 per file | 1 day |
| Request for certified copies (The customer to provide an Official request) | Other documents | 500 per page | 1 day |
| Request for certified copies (The customer to provide an Official request) | Public register of Bankrupts / No Asset Procedure / Summary Instalment Order | 1000 | 1 day |
| Application for admission to the No asset procedure | · FORM NO. 12 · FORM NO. 28 · FORM NO. 9 | 15000 | Subject to creditors objection |
| Application summary Installment orders | · FORM NO. 24 · FORM NO. 9 · FORM NO. 12 | 20000 | Subject to creditors objection |
| Application for list of Insolvency practitioners | · Official Request by clients. | 500 | 1 day |
| Application for Individual Voluntary Arrangement of natural persons | · FORM NO. 8 · FORM NO.10 (amended) · FORM NO. 11 · FORM NO. 23A · Debtor’s proposal | 30000 | Subject to approval by creditors |
| Appointment of a Liquidator by Court - Official Receiver | FORM NO. 32G · FORM NO. 32F · FORM NO. 32 | Subject to co-operation of parties | |
| Appointment of a Liquidator by Court - Insolvency Practitioner | FORM NO. 32G · FORM NO. 32F | 10000 | Subject to co-operation of parties |
| Application for Administration through Court | FORM NO. 32 · FORM NO. 32D · FORM NO. 36 | 40000 | 1 hour |
| Appointment of an administrator - Official Receiver | FORM NO. 35 · FORM NO. 36 · FORM NO. 37 | Within 1 year of appointment | |
| Appointment of an administrator - Insolvency Practitioner | FORM NO. 35 · FORM NO. 36 · FORM NO. 37 | 10000 | 1 day |
| Application for Members Voluntary Liquidation | FORM NO. 32A · FORM NO. 32B · FORM NO. 32 | Based on the value of subject matter. - On the first Kshs. 1,000,000/= pay Kshs. 100,000/= - 10% on the balance thereafter. | Within 1 year of appointment |
| Application for Creditors Voluntary Liquidation | · FORM NO. 32A · FORM NO. 32B | Based on the value of subject matter. - On the first Kshs. 1,000,000/= pay Kshs. 150,000/= - 10% on the balance thereafter. | |
| Application for Company Voluntary Arrangement | · FORM NO. 32 · FORM NO. 32C (amended) · FORM NO. 32D · Directors’ proposal | 40000 | Subject to approval by creditors |
| Filing of an appointment of a proxy | · FORM NO. 17 | 1000 | 1 day |
| Appointment of an Insolvency Practitioner as liquidator under Voluntary Liquidation - Members Voluntary Liquidation | FORM NO. 32 · FORM NO. 32A · FORM NO. 32B | 10000 | 1 day |
| Appointment of an Insolvency Practitioner as liquidator under Voluntary Liquidation - Creditors’ Voluntary Liquidation | Notice of Creditors’ meeting. · Minutes of the meeting. · Resolution for liquidation | 10000 | 1 day |
| Issuance of a Certificate of Compliance for a Liquidation Petition - Member’s petition (director & shareholders) | FORM NO. 32C · FORM NO. 32D · FORM NO. 32 | 40000 | 1 day |
| Issuance of a Certificate of Compliance for a Liquidation Petition - Creditor’s petition | FORM NO. 32C · FORM NO. 32D · FORM NO. 32E | 40000 | 1 day |
| Objections - No Asset Procedure | · Reply to Official Receiver’s notice to creditors. | Nil | 1 day |
| Objections - Summary Instalment Order | · FORM NO. 25 | 4000 | 1 day |
| Requesting for and Receiving the statements of affairs | Filled statements of financial position | 2000 | 14 days after the order |
| Declaration of the dividends | Proof of debt forms. · Official receiver’s calculated accounts. (FORM NO. 32J, 32K) | Nil | Determined by the court |
| Application for release of the official receiver. - Bankruptcy Trustee | FORM NO. 16 · FORM NO. 15 · FORM NO. 21 · FORM NO. 22 · FORM NO. 22A | Nil | Determined by the Court. |
| Application for release of the official receiver - Liquidator | · FORM NO. 32L · FORM NO. 32K · FORM NO. 32H · FORM NO. 33 · FORM NO. 34 | NIL | Determined by the Court. |