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GAZETTE NOTICE NO. 11782

GAZETTE NOTICE NO. 11782

THE INSOLVENCY ACT

APPOINTMENT


PURSUANT to section 563 (2) (b) of the Insolvency Act, 2015, notice is given that effective the 10th August, 2023, Messrs. (1) Muniu Thoithi and (2) George Weru, of Pricewaterhouse Coopers Limited, have been appointed as joint administrators (“the Administrators”) of Jungle Macs (EPZ) Limited (in administration) (“Jungle Macs” or “the Company”) based in Thika. Administration proceedings are a legal business rescue process that the stakeholders of a Company are required to consider when a Company is faced with financial difficulties. The primary objective of administration is to enable an administrator, a licensed insolvency practitioner, to explore the ways of rescuing the company either as a going concern or by achieving a better outcome for the creditors than would be in the case of a liquidation. With their appointment, the Administrators shall now take control over the assets and the management of the affairs of the Company. By virtue of the Administration, the powers of the directors of the Company in terms of dealing and/or transacting with the Company’s assets have ceased. Moving forward, all matters, operational or otherwise, pertaining to the affairs of the Company should be directed to the Joint Administrators or their authorised representatives. The Joint Administrators are currently engaging all key stakeholders of the Company as they seek to achieve the best possible outcome to the current situation of the Company. Creditors of the Company are required to send full particulars of any claims they may have against the Company to the undersigned on or before 10th September, 2023. The Joint Administrators act on behalf of the Company without any personal liability. All correspondence should be addressed to: The Joint Administrators, Jungle Macs (EPZ) Limited (In Administration), c/o P.O. Box 43963–00100, Nairobi, Kenya. ke_junglemacs.administrators@pwc.com MUNIU THOITHI, MR/5175686 Joint Administrator.

Dated the 10th September, 2023.

MUNIU THOITHI,

Joint Administrator.

Extracted Entities (3)

previous_gazette_ref

11782

person

Muniu Thoithi George Weru

Details

Act / Legislation
THE INSOLVENCY ACT
Signed By
MUNIU THOITHI
Title
Joint Administrator
Date Signed
10th September 2023
Page
90
Extraction Method
regex