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GAZETTE NOTICE NO. 9946
GAZETTE NOTICE NO. 9946
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
REGISTRATION
NOTICE is given under the Transfer of Businesses Act (Cap. 500) laws of Kenya that the pre-primary, primary and junior secondary education business carried on by Tender Care Junior Academy
Limited (Company Number C. 115706) (“Transfero”) as (a) Tender
Care Junior Academy – Main School, more specifically categorized as
Main School; (b) Tender Care Junior Academy – Umoja School, more specifically categorized as Umoja branch; and (c) Tender Care Junior
Academy – Phase 4 School, more specifically categorized as Phase 4 branch, will, subject to the fulfilment of certain conditions precedent, be transferred to Pharo Schools Kenya LLP (Registration Number
LLP-7R15DJ7) (“Transferee”) pursuant to the terms of a business and asset transfer agreement entered into between the Transferor and
Transferee on the 30th June, 2023 (the “Agreement”).
If the conditions precedent to the Agreement are fulfilled, the
Transferee intends to acquire the assets and business of the Transferor on the completion date set out in the Agreement. The Transferee shall from that date carry on the business at the same premises.
All money debts or liabilities due and owing by the Transferor in respect of the businesses of the Transferor 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 address of the Transferor is at:
Tender Care Junior Academy Limited, P.O. Box 70 – 00515, Buruburu, Nairobi, Kenya.
Attention: Evanson Kahoro
Email: evansonkahoro@gmail.com.
with copies to KN Law LLP, 5th Floor, The Pavilion, Lower Kabete
Road, Westlands, P.O. Box 27547–00100, Nairobi (email:
info@kn.co.ke) Attention: Emmanuel Mueke and Ashikii Limited
(email: akmungai@ashikii.com) Attention: Alex Mungai.
The address of the Transferee is at:
Pharo Schools Kenya LLP, P. O. Box 1730–00600, Nairobi, Kenya
Attention: Irene Kiiru
Email: ikiiru@pharofoundation.org and
Gulden Kazandag
Email: gkazandag@pharofoundation.org with a copy to Coulson Harney LLP, Advocates, 5th Floor, ICEA Lion
Centre, Riverside Park, Chiromo Road, Nairobi, P.O. Box 10643–
00400, Nairobi, Kenya (email: rainbow.field@bowmanslaw.com).
Dated the 14th July, 2023.
MR/5150012
Dated the 14th July, 2023.
00400,
Nairobi, Kenya (email: rainbow.field@bowmanslaw.com).
Extracted Entities (1)
previous_gazette_ref
9946
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Signed By
- 00400
- Title
- Nairobi, Kenya (email: rainbow.field@bowmanslaw.com)
- Date Signed
- 14th July 2023
- Page
- 51
- Extraction Method
- regex
Source Gazette
Vol. CXXV No. 170
Published 22nd February 2023