Back
TRANSFER
74% confidence
via regex
GAZETTE NOTICE NO. 7966
GAZETTE NOTICE NO. 7966
TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given pursuant to sections 3 and 4 of the Transfer of
Businesses Act, that Metro Plastics (Kenya) Limited (Company
Number C.26491), a limited liability company registered under the laws of the Republic of Kenya for the purposes hereof of Post Office
Box.Number 78484-00507, Nairobi, Kenya, (hereinafter referred to as the "Transferor"), carries on the business of manufacturing and trading in. PVC pipes and fittings and trading in chemicals and fertilisers in
Kenya (the "Business").
The Transferor carries on the Business from Nandume close, off
Lunga Lunga Road, at Industrial Area in Nairobi (the "Business
Location").
23rd August, 2019 THE KENYA GAZETTE 3587
Metro Concepts East Africa Limited (Company Number PVT-
ZQUE979), a private limited liability company incorporated under the laws of the Republic of Kenya for the purposes hereof of Post Office
Box Number 78484-00507, Nairobi, Kenya, (hereinafter referred to as the "Transferee") has entered into a Sale of Business Agreement dated
20' August 2019 (the "Agreement") with .the Transferor for the transfer of the Transferor's plastic manufacturing business (the
"Transferred Business") pursuant to which the Transferor has agreed to sell and the Transferee has agreed .to acquire the Transferred
Business subject to the satisfaction of, inter alia, 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 Transferred
Business from the Business Location. The transaction is subject to fulfilment of the conditions precedent set out in the Agreement.
NOTICE is hereby given that the Transferee shall not and 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
Transferred Business. All creditors are hereby 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 Transferred Business: k
Metro Plastics Kenya Limited
Telephone No: +254 727 533 619 1 +254 733 550 355
E-mail: info@metrogroup.co.ke
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 21st August 2019.
Signed for the Transferor by Signed for the Transferee by
H. D. Shah, D. O. Owino, Managing Director. Director.
MR/6722309
Dated the 21st August, 2019.
Extracted Entities (1)
previous_gazette_ref
7966
Details
- Act / Legislation
- TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Date Signed
- 21st August 2019
- Page
- 34
- Extraction Method
- regex
Source Gazette
Vol. CXXI No. 110
Published 15th January 2019