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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
It is not uncommon for some companies to act in total disregard of shareholders’ interests, sparking sometimes long-running wrangles. But this kind of corporate impunity may become a thing of the past once the new Companies Act, 2015, becomes operational.
According to the new law, an aggrieved shareholder will now be able to take an issue straight to court without seeking approval from company directors.
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