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Originally published by Kenyanstop
August 19, 2026
1h ago
High Court Warns 50/50 Business Partners Over Company Control
Such arrangements are common among couples, relatives, friends, and other entrepreneurs who start businesses together...
✨ Key Highlights
The High Court in Nairobi has clarified the rights of 50/50 business partners, ruling that an equal shareholder who is also a director has the right to participate in company management and access its records.
- An equal shareholder has the right to participate in running the company, access records, and benefit from assets and profits.
- The ruling involved a dispute between two equal shareholders and directors of a company.
- The Court found that excluding an equal shareholder amounted to oppressive conduct and unfair prejudice.
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