At the fall of the hummer, auctioneers have found a buyer for former Nakumatt CEO Atul Shah’s home in Lavington…
Browsing: Atul Shah
Auctioneers have been unable to find a buyer for the home belonging to former Nakumatt CEO Atul Shah. The home…
The Court of Appeal has refused to reverse an auction of a property belonging to former Nakumatt CEO Atul Shah,…
Former CEO of the once successful retail giant Nakumatt, Atul Shah has lost his Lavington home to auctioneers. Court documents…
A court could trigger a fight between lenders that are still owed huge amounts of money by the fallen Nakumatt…
High Court judge Alfred Mabeya on Tuesday gave a nod to Kenya Commercial Bank (KCB) to auction property owned by…
Former Nakumatt Supermarket CEO Atul Shah through his company Collogne Investments has withdrawn a case in which he was seeking…
Former Nakumatt CEO Atul Shah will soon have his personal assets worth at least Sh2 billion auctioned. Bank of Africa…
Local retailer Nakumatt Holdings was on Tuesday liquidated following a Tuesday meeting with the creditors including; KCB Group, Standard Chartered…
In January 2018, the courts in Kenya granted Nakumatt Supermarkets protection from its creditors, allowing what was once Kenya’s biggest…
Cash strapped Deacons has fired over 93 employees, among them directors in what administrators call a “cost-cutting” recovery move. Speaking…
Nakumatt has announced re-opening of Nakumatt Mega branch on Uhuru Highway. The retailer exited the space in September, and the…
Deacons East Africa has been put under administration due to financial difficulties and recurrent losses. This is according to a…
Struggling Nakumatt Holdings chief executive Atul Shah’s woes deepen as businessman Ngugi Kiuna drags him to court. Mr Kiuna has…
The path to recovery of the embattled Nakumatt Supermarket has taken a new twist, with the court’s appointed administrator Peter…