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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