Chartered companies
A chartered company is formed when the queen or King of England issue a charter, or
„letters patent‟, to a group of people who intend to carry on a business as a chartered
company. No such company can be formed in Kenya after political independence and the
words „letters patent‟ in s. 389 only serve as a reminder of the England origin of our
Companies Act which is the replica of the English Companies Act, 1948, with a few
minor modifications.
A chartered company is formed when the queen or King of England issue a charter, or
„letters patent‟, to a group of people who intend to carry on a business as a chartered
company. No such company can be formed in Kenya after political independence and the
words „letters patent‟ in s. 389 only serve as a reminder of the England origin of our
Companies Act which is the replica of the English Companies Act, 1948, with a few
minor modifications.
