OFFICE OF THE ATTORNEY GENERAL AND
DEPARTMENT OF JUSTICE
REGISTRAR GENERAL DIVISION
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REQUIREMENTS FOR ISSUANCE OF A LICENSE TO ACT AS INSOLVENCY
PRACTITIONERS UNDER THE INSOLVENCY ACT, 2015 AND THE INSOLVENCY
REGULATIONS, 2016
1. Aduly completed Application form (Form No. 1, Insolvency Regulations 2016) ]
2, Prescribed fee of Kshs. 50,000 payable to the Official Receiver
3. A professional indemnity insurance cover of Kshs. 25,000,000
4, Security in the form of an enacting bond of Kshs, 5,000,000 to the O.R
5. Certificates of membership to a recognized professional body (ICPAK & LSK)
6. Copy of degree or academic certificates
7. Tax clearance from KRA & KRA PIN Certificate
8. A Certificate Of Good Conduct from the Kenya Police
9. Evidence of having undertaken insolvency assignments
10. A detailed CV detailing the Insolvency Assignments handled by the applicant
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11. Copy of the National Identity Card or passport of the applicant