CPA Section 3 – Company Law (KASNEB)


This unit is intended to equip the candidate with knowledge, skills and attitudes that will
enable him/her to apply and comply with the provisions of company law in relevant
circumstances and environments.

What Will I Learn?

  • A candidate who passes this paper should be able to:
  •  Apply legal principles relating to formation of companies
  •  Evaluate the rights and obligations of members and shareholders
  •  Comply with the legal principles governing liquidation of corporates and restructuring
  •  Comply with the legal principles relating to companies incorporated outside Kenya
  •  Ensure books of account are prepared in compliance with the law.

Topics for this course

86 Lessons

Nature and Classification of Companies

Nature and characteristics of a company
Types of companies
Principle of legal personality and veil of incorporation
Distinction between companies and other forms of business associations, sole proprietorships, partnerships and cooperative societies.

Formation of Companies

Membership of a Company


Share Capital

Debt Capital

Company Meetings


The Company Secretary


Company Accounts, Audit and Investigation

Corporate Restructuring

Receivership and Liquidation of Companies

Companies Incorporated Outside the Country

Emerging Issues and Trends

About the instructors

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50 Courses

45 students


Material Includes

  • Lecture Videos, Notes, Question and Answers


  • Pass in CPA Section II

Target Audience

  • Students
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