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GAZETTE NOTICE NO. 13064
GAZETTE NOTICE NO. 13064
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given pursuant to section 3 of The Transfer Of
Businesses Act, that Galeroc Limited, of P.O. Box Nairobi , in The
Republic Of Kenya (‗‘the transferor‘‘), carrying on as part of its business activities the business of building contractors/general traders offering goods and services to the transferor‘s clients (‗‘the business‘‘) under the name Galeroc Limited located at L.R. No. 209 /7578, Mogotio Road, Nairobi, has agreed to transfer the business to Vakkep
Building Contractors Limited of P.O. Box 38996 – 00623 Nairobi , in the Republic of Kenya, (‗‘the transferee‘‘). The transfer took place on the 25th day of July 2012.
The transferee intends to carry on the business at L.R. No.
209/7578, Mogotio Road, Nairobi under the names Vakkep Building
Contractors Limited.
The proposed transfer will result in the business carried on by
Galeroc Limited being carried on by Vakkep Building Contractors
Limited and its subsidiaries. The proposed transfer will result in all contracts relating to the transferred business being transferred to the transferee notwithstanding any restrictions on transfer or requirements for counterparty consent and without triggering any pre-emption, termination or other rights which such contracts may contain.
The transferee shall not be liable for the debts and liabilities incurred in the business by the transferor leading upto and including the date of transfer.
Dated the 7th day of September 2012.
MUTURI MWANGI & ASSOCIATES, MR/0516504 Advocates for the transferor and transferee.
Extracted Entities (1)
previous_gazette_ref
13064
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Section
- section 3
- Page
- 79
- Extraction Method
- regex
Source Gazette
Vol. CXIV No. 84
Published 14th September 2012