The government has issued a notice of their intention to close down 67 companies in the country over the next three months.

In a gazette notice, the Registrar of Companies Joyce Koech listed the companies facing dissolution and urged their directors to show cause why they should not be shut down.

“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 months from the date of publication (August 27, 2024) of this notice and invites any person to show cause why the companies should not be struck off from the Register of Companies,” the notice read in part.

Alekim Consulting Limited, Alistair Logistics Kenya Limited, Ality Fusion Investments Limited, Arctic Limited, Barak Goshen Kenya Limited, Bourgogne Limited, Brikisha Hardware Limited, Caxdon Supplies and Logistics Limited, Crawlers Supplies and Logistics Limited, Curators Sisters of St Luke Investments Limited, Drill and Pump Limited, Easy Stay Limited, Evelets Investments Limited, Ewas Scrap Metal Dealers Limited, Grandacres Red Hill Limited, Granito Metals And Ore Limited and Hakuna Matata Automotive and Farming Equipments Limited.

Companies facing closure

The others listed for closure are Hari Detergents Company Limited, Heliacal Kenya Limited, Hot Rods Logistics & Equipment Limited, House- Pitality Training Centre Limited, Kaboi Tea Growers Company Limited, Kei Pharmacy Limited, Kenrod Investments Company Limited, Kizimkazi Investments Limited, Kvs Mines and Minerals Limited, Lanelle Links Limited, Leadnabs Technology Company Limited, Makkaah Pharmaceutical Limited, Malivest Limited, Marshalls Investment Limited and Mbonyi Limited. 

Other companies in the list are  Mofran Technology Limited, Mokefa Construction and Supplies Limited, Motrans Technology Limited, Nelishelm Investment Limited, Nordlife Capital Limited, Northways Shuttle Limited, Notitia Afrika Limited, Omidyar Network Kenya Limited, Plentree Foods Limited, Prime Six Limited, Rage Travel and Cargo Agency Limited, Rift Care Group Limited, Rubicon Sustainable Technologies Africa Limited, Seoul Guest House Limited, Shanzuluck Bays Limited, Shaush Builders Limited, Shs Projects Kenya Limited, Skel Wan Wood Limited and Sky Height Achievers Limited.

Reasons for company dissolution

Also, Koech has noticed Spyro Gyra Limited, Students Housing Projects Limited, Suite Living Kenya Limited, Sunstar Research and Consultancy Services Limited, Sustainable Housing Solutions Limited, The Magari Yetu Limited, Timecon Consultants Limited, Ufunzi Research Management and Consultancy Limited, Uzi Video Limited, Valgent Limited, Wamuthaka Agencies Limited, Wey Education Limited, Woodspice Limited, Yettal Limited,  Zambezi Ummoja Limited and Zee’s Bbq Limited to explain why their companies should not be expunged from the register of companies. 

According to the law, when a company is dissolved, the liability of the directors, members and officers ceases.

A company could be dissolved by the registrar if it applies to be struck off the register on its own, is in liquidation or is no longer in operation. By Arnold Ngure, People Daily