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GAZETTE NOTICE NO. 9488
GAZETTE NOTICE NO. 9488
THE TRANSFER OF BUSINESS ACT
(Cap. 500)
TRANSFER
NOTICE is given pursuant to section 3 of the Transfer of Business
Act (Cap. 500) of the laws of Kenya that —
(1) all the assets used in relation to the business of non-deposit taking micro-finance ("the Business") carried on by Kenya
Ecumenical Church Loan Fund, of P.O. Box 34889-00100, Nairobi
("the Transferor") under its name at its principal offices on L.R. No.
209/66/17, Royal Offices, Mogotio Road, Nairobi; and
(2) the rights, benefits and obligations of the Transferor under the contracts between the Transferor and third parties in relation to the
Business;
have with effect from 1st April, 2019 been transferred to ECLOF
Kenya Limited ("the Transferee") of P.O. Box 34889-00100, Nairobi, which will carry on the Business from its principal offices on L.R. No.
209/66/17, ROyal Offices, Mogotio Road, Nairobi, under its name.
Save for the excluded liabilities as specifically defined in the
Agreement for Transfer and Acquisition of Business Assets and
Liabilities entered into by the Transferor and the Transferee dated 19th
November, 2018, all the debts due to and owing by the Transferor up to and including 31st March, 2019, in relation to the Business shall be assumed by the Transferee.
Dated the 5th September, 2019.
MBOYA WANGONG'U & WAIYAKI, MR/6656374 Advocates for the Transferor and Transferee
Dated the 5th September, 2019.
Extracted Entities (1)
previous_gazette_ref
9488
Details
- Act / Legislation
- THE TRANSFER OF BUSINESS ACT
- Reference
- Cap. 500
- Section
- section 3
- Date Signed
- 5th September 2019
- Page
- 31
- Extraction Method
- regex
Source Gazette
Vol. CXXI No. 132
Published 4th March 2019