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Govt Announces Closure of 41 Companies, 116 Facing Shutdown

June 23, 2024
Reading Time: 4 mins read
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President William Ruto speaks during a past function. PHOTO/PCS

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The government through the Registrar of Companies has announced the closure of 41 companies.

Through a Gazette notice, the registrar of companies Joyce Koech noted that the names of the affected companies had been struck off the register effective June 3, 2024.

“Pursuant to section 897 (4) of the Companies Act, it is notified for the information of the general public that the following companies are dissolved and their names have been struck off the Register of Companies with effect from the date of publication of this notice, ” reads part of the statement.

Some of the firms affected include Advaya Enterprise Limited, Aptly Technology Limited, Boomers Enterprises Limited, and Coast Redwood Limited, among others.

Registrar Of Companies Joyce Koech. Photo/Courtesy
Registrar of companies Joyce Koech. Photo/Courtesy

She also noted that the move followed compliance with the regulations outlined in the Companies Act.


Also Read: Security Companies Given Ultimatum Over ” Illegal” Deductions, Ordered to Refund Money

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List of Other Companies Dissolved

Enzi Extractives and Energy Group Limited, Euroduo Supplies Limited, Fine Art By Bobbie Limited, Gikobro Holdings Limited, Goro Gudo Trading Limited, and Hadithi Plants Limited are also among the companies whose names have been struck off the register.

Others affected include Jambo Eye Care Limited, Juliafinite Investments Limited, Mac Re Holdings Limited, and Magnitude Drive Limited.

Furthermore, companies such as Moninga Company Limited, Network Fundi Limited, New Age Beverages Limited, Northern Nabuko Group Limited, and Oasis Aviation Group Limited are no longer active entities. 

Signature Golf Limited, Skyline Shelter Investments Limited, Soin Bodaboda Investments Company East Africa Limited, and Speina Group Holdings Limited are also among the companies that have been dissolved and their names removed from the official company register.


Also Read: Mass Layoffs of Employees Loom as UK Body Shop Collapses


Companies Facing Shut Down

Further, the Registrar of Companies issued a notice of dissolution to 116 companies in Kenya.

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She further invited anyone affected to show cause why the companies should not be struck off from the Register of Companies issuing a 3- month deadline from the date of the gazette notice publication.

“Pursuant to section 897 (3) of the Companies Act, the Registrar of Companies gives notice that the names of the companies specified hereunder shall be struck off from the Register of Companies at the expiry of three (3) months from the date of publication of this Notice, and invites any person to show cause why the companies should not be struck off from the Register of Companies,” reads the notice in part.

Some of the companies facing shutdown include Ara Technologies Kenya Limited, Ase Africa Ecommerce Limited, Bazik Properties Limited, Baafadal Trading Company Limited, Banoda Oil Limited, Birth By Heart Resort Limited, Blue Columns Chemicals Limited, and Blue Columns Farming Limited.

Others are Carron Creations Limited, Blue Columns Petroleum Limited, Clean Bioenergy Limited, Dentkraft Auto Limited, Clear Cure Pharm Limited, Dosco Twenty Eleven Company Limited, and Burnes Microcredit Limited.

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Companies
CS Njuguna Ndung’u during the reading of the Budget. PHOTO/National Treasury

 

Tags: CompaniesGov'tJobsRegister of Companies

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