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.
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Tecof Ltd. Placed Under Administration & Kenya Revokes Tour Operator Licenses - September 2025
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, filed under Insolvency Cause No. IP E050 of 2025, transfers full control of the company’s business and assets to the administrators. Following this action, the directors' powers have ceased. Separately, the Kenyan government has revoked the licenses of four tour operators. This is part of a crackdown on non-compliant firms within the tourism industry. The enforcement drive is being led by a multi-agency team to regulate the sector and ensure fair business practices.
