Office of the Attorney-General & Department of Justice Director General Official Receiver Jobs in Kenya

Office of the Attorney-General & Department of Justice Director General Official Receiver Jobs in Kenya

The Official Receiver shall report to the Director General.

Duties and Responsibilities

The Official Receiver shall be responsible for the implementation of the Insolvency Act. The specific duties and responsibilities shall include: establishing and providing for the operation of a framework for the efficient and equitable administration of the estates of insolvent natural persons and unincorporated entities comprising natural persons, and the assets of insolvent companies and other bodies corporate, that maintains a fair balance between the interests of those persons, entities, companies and bodies and those of their creditors; Oversee the issuance and renewal of Insolvency Practitioners Licenses; the setting and administering of Insolvency Practitioners examinations; Ensure that preliminary examination of debtors; the filing of proof of debt forms; the tracing of assets of the debtor and companies in liquidation, ensuring assets are preserved, valued and insured direct for advertising the bankruptcy and the winding up order; Ensuring that the statements of affairs for both companies and debtors is issued; the necessary court applications are filed; the proper distribution of assets to creditors; Supervise court attendance; Cascading performance targets to the staff in the division and monitoring and evaluation of performance of the Directorate. The Official Receiver shall also perform such other duties as may be assigned by the Board and Director General.

Requirements for appointment

A person shall qualify for appointment as the Official Receiver if that person: