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GAZETTE NOTICE NO. 7965

GAZETTE NOTICE NO. 7965

THE TRANSFER OF BUSINESSES ACT

(Cap. 500)

TRANSFER


NOTICE is given pursuaneto sections 3 and 4 of the Transfer of Business Act, Kamongo Waste Paper Limited (Company' Number 44035), a limited liability company registered under the laws of the Republic of Kenya for the purposes hereof of P.O Box 67313-00200, Nairobi, Kenya, ("Company 1"), Nairobi Paper Mills Limited (Company Number 39978), a limited liability company registered under the laws of the Republic of Kenya for the purposes hereof of P.O. Box 67313-00200, Nairobi, ("Company 2") and Fina Stationers Limited (Company Number 59833), a limited liability company registered under the laws of the Republic of Kenya for the purposes hereof of P.O. Box 67313-00200, Nairobi, ("Company 3") (hereinafter together referred to as the "Transferors"). Company 1 carries on the business of paper recycling and transportation of various goods. Company 2 carries on the business of manufacturing of paper and related paper products. Company 3 carries on the business of selling stationary and related products. The businesses of companies 1,2 and 3 are hereinafter collectively referred to as the "Business". The Transferors carry on the Business from the premises situated on Land Reference Number 209/3257, Nairobi comprising of a factory (the "Business Location"). Kamongo Waste Paper (Kenya) Limited, (Company Number PVT- KAUR6J8), a private limited liability company incorporated under the laws of the Republic of Kenya for the purposes hereof of P.O. Box 39580-00623, Nairobi, (hereinafter referred to as the "Transferee") has entered into an Agreement with the Transferor for the Transfer of Certain Assets and Businesses dated the 15th January, 2018 (the "Agreement"), pursuant to which the Transferor has agreed to sell and the Transferee has agreed to acquire certain assets of Transferor which form a substantial part of the assets of the Business undertaken by the Transferor subject to the satisfaction of, inter alio, Certain conditions precedent set out in the Agreement. In the event that the Agreement is duly completed in accordance with its terms, the Transferee intends to carry on the Business from the Business Location. The Transfer is subject to fulfilment of the conditions precedent set out in the Agreement. NOTICE is given that the Transferee shall not be deemed to assume any of the debts or liabilities incurred by or on behalf of the Transferor in connection with or relating to the Business. All creditors are advised to forthwith notify the following persons in writing of any claims in respect of debts and liabilities incurred by or on behalf of the Transferor in connection with or relating to the Business: Hanif Hassanali Devji Kamongo Waste Paper Limited 14, Kampala Road P.O. Box 67313-00200 Nairobi Telephone No: +254-728603300 E-mail: kamongol @gmail.com If the Agreement is not completed in accordance with its terms, the notice shall be void ab initio and shall be of no effect. Dated the 7th August, 2019. Signed for the Transferor. by Signed for the Transferee by Hanif Hassanali Devji, Navraj Singh Dhillon, Director, Director, P.O. Box 67313-00200, Nairobi. P.O. Box 39580-00623, Nairobi. MR/6708832

Dated the 15th January, 2019.

Extracted Entities (1)

previous_gazette_ref

7965

Details

Act / Legislation
THE TRANSFER OF BUSINESSES ACT
Reference
Cap. 500
Date Signed
15th January 2019
Page
34
Extraction Method
regex