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GAZETTE NOTICE NO. 10493
GAZETTE NOTICE NO. 10493
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given under the Transfer of Businesses Act, that the silicates business carried on by ARM Cement PLC (Company Number
C. 19/97) (“transferor”) at P. O. 41908-00100, Nairobi, Kenya, will, subject to the fulfilment of certain conditions precedent, be transferred to ARM Energy Limited (Company Number CPR/209/6820)
(“transferee”) pursuant to the terms of a Business and Asset Transfer
Agreement (the “agreement”).
The address of the transferor is at Vale Close, Ring Road
Parklands, Westlands and P. O. Box 41908-00100, Nairobi, Kenya, with a copy to Paras Shah c/o Coulson Harney LLP, 5th Floor, ICEA
Lion Centre, Riverside Park, Chiromo Road, Nairobi, P.O. Box
10643-00400, Nairobi, Kenya.
The address of the transferee is at Vale Close, Ring Road
Parklands, Westlands and P.O. Box 41908-00100, Nairobi, Kenya.
In the event that the conditions precedent to the Agreement is fulfilled, the transferee intends to carry on the fertilisers and industrial mineral business from its offices. All money debts or liabilities due and owing by the transferor in respect of the fertilisers and industrial mineral business up to the date of transfer as set out above shall be received and paid by the transferor. The Transferee will not assume nor is it intended to assume any liabilities incurred by the Transferor in the fertilisers and industrial mineral 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.
Dated the 29th September, 2017.
ARM CEMENT PLC, Transferor.
ARM ENERGY LIMITED, MR/3593719 Transferee.
Dated the 29th September, 2017.
ARM CEMENT PLC,
Transferor.
Extracted Entities (1)
previous_gazette_ref
10493
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Signed By
- ARM CEMENT PLC
- Title
- Transferor
- Date Signed
- 29th September 2017
- Page
- 33
- Extraction Method
- ocr-fallback
Source Gazette
Vol. CXIX No. 155
Published 18th March 2017