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GAZETTE NOTICE NO. 5704
GAZETTE NOTICE NO. 5704
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given under the Transfer of Businesses Act (Chapter
500, laws of Kenya) that the stationery manufacturing and trading business carried on by Kartasi Industries Limited (Company Number
C.10590) (“Transferor”) at 76, Enterprise Road, Industrial Area, Nairobi, will, subject to the fulfilment of certain conditions precedent, be transferred to Kartasi Products Limited (Company Number PVT-
RXU23BPR) (“Transferee”) who will continue to conduct the business at the same physical address, pursuant to the terms of an asset purchase agreement entered into between the Transferor and
Transferee (the “Agreement”).
In the event that the conditions precedent to the Agreement are fulfilled, the Transferee intends to acquire the assets. All money debts or liabilities due and owing by the Transferor in respect of the stationery and books manufacturing and trading business of the
Transferor’s business up to the date of transfer as set out above shall be received and paid by the Transferor. Save as specifically provided in the Agreement, the Transferee will not assume nor is it intended to assume any liabilities incurred by the Transferor with respect to its assets or business up to the date of transfer.
If the Agreement is not completed, this notice shall be void ab initio and shall be of no effect.
The postal address of the Transferor is at P.O. Box 43118–00100, Nairobi with a copy to Paras Shah c/o Coulson Harney LLP, Advocates, 5th Floor, ICEA Lion Centre, Riverside Park, Chiromo
Road, Nairobi, P. O. Box 10643–00400, Nairobi, Kenya (email:
paras.shah@bowmanslaw.com).
The postal address of the Transferee is at P.O. Box 41521–00100, Nairobi with a copy to Vruti Shah c/o Coulson Harney LLP, Advocates, 5th Floor, ICEA Lion Centre, Riverside Park, Chiromo
Road, Nairobi, P. O. Box 10643–00400, Nairobi, Kenya (email:
vruti.shah@bowmanslaw.com).
Dated the 17th May, 2022.
KARTASI INDUSTRIES LIMITED, Transferor.
KARTASI PRODUCTS LIMITED, MR/3653761 Transferee.
20th May, 2022 THE KENYA GAZETTE
Dated the 17th May, 2022.
KARTASI INDUSTRIES LIMITED,
Transferor.
Extracted Entities (1)
previous_gazette_ref
5704
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Signed By
- KARTASI INDUSTRIES LIMITED
- Title
- Transferor
- Date Signed
- 17th May 2022
- Page
- 58
- Extraction Method
- regex
Source Gazette
Vol. CXXIV No. 93
Published 1st February 2022