Tecof Limited placed under administration as Tact Consulting steps in

NAIROBI, Kenya, Sept 6 – Tecof Limited has been placed under administration, with Tact Consulting confirming the appointment of PVR Rao and Swaroop Rao Kenya breaking news | Kenya news today |..
✨ Key Highlights
Tecof Limited has been placed under administration, with Tact Consulting appointing PVR Rao and Swaroop Rao Ponangipalli as joint administrators effective September 3, 2025. This move transfers full control of the company's business and assets to the administrators, with directors' powers ceasing.
- Creditors and other parties must submit claims by September 30, 2025, addressed to Tact Consulting LLP.
- The administration was filed under Insolvency Cause No. IP E050 of 2025, pursuant to Sections 539 and 563 of the Insolvency Act No. 18 of 2015.
- This places Tecof Limited among a growing number of firms utilizing Kenya's insolvency framework due to intensified financial distress.
Continue Reading
Read the complete article from Capital Business