Liquidator appointed to wind up Banda Homes
A notice published in the Kenya Gazette states that insolvency practitioner Waithaka Ngaruiya was appointed liquidator of Banda Homes Limited effective July 2, 2026, under Section 439(1) of the Insolvency Act, following proceedings in Insolvency Petition No. E44 of 2021...
✨ Key Highlights
The High Court has appointed an official liquidator to manage the winding up of property developer Banda Homes Limited, initiating the next phase of its insolvency proceedings.
- The insolvency practitioner Waithaka Ngaruiya was appointed liquidator, effective July 2, 2026.
- Banda Homes Limited, a property developer, is undergoing liquidation.
- Creditors have 60 days from the date of the notice to submit claims for consideration.
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KenGen Staff Scheme Sells Two Nairobi Properties for Sh1.9bn - July 2026
The KenGen Staff Retirement Benefit Scheme has sold two properties in Nairobi's Parklands area for Sh1.9 billion, reallocating funds into more liquid assets to enhance cash flow and support future benefit payments. In New York, the iconic Flatiron Building has undergone a significant transformation, converting from office space to ultra-luxury apartments with prices reaching up to $58.5 million. Separately, the High Court has appointed an official liquidator to manage the winding up of property developer Banda Homes Limited, initiating the next phase of its insolvency proceedings.
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