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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