AI image The High Court has placed D.T. Dobie & Company (Kenya) Limited under liquidation and an official receiver appointed as the liquidator of the motor vehicle dealer.
In a notice dated August 15 issued pursuant to the Insolvency Act, Mark Gakuru confirmed his appointment as the official receiver and liquidator of the company following a special resolution passed on June 3, 2025.
“Pursuant to the provisions of the Insolvency Act, take notice that the official receiver was appointed as liquidator of the property of D.T. Dobie & Company (Kenya) Limited following a special resolution dated 3rd day of June, 2025,” the notice reads in part.
According to the court notice, all creditors of the company have been directed to lodge their claims against D.T. Dobie on or before September 15, 2025.
They are required to submit full particulars of the debts using the Proof of Debts (form number 5) available on the government’s eCitizen portal.
Failure to do so risks result in creditors being excluded from any distribution of the company’s assets once liquidation proceedings advance.
D.T. Dobie, incorporated in Kenya more than half a century ago, has been associated with the distribution of globally renowned motor vehicle brands and has been a household name in the motor industry.
Liquidation is the process of winding up a company after it becomes insolvent, meaning it is unable to pay debts amounting to Sh100,000 or more.
When liquidation is initiated, a liquidator is appointed to take charge of the company’s assets, sell them and distribute the proceeds to creditors.
From the moment a liquidator is appointed, the directors of the company lose all powers, and control of the firm’s affairs shifts entirely to the liquidator.
The court retains authority to appoint or remove a liquidator, depending on the circumstances.
The official receiver’s role as liquidator will involve taking control of the company’s assets, assessing the extent of its debts and overseeing the repayment process to creditors.
Depending on the company’s financial position, creditors may either recover their claims in part or face potential losses if the liabilities outweigh available assets.
Liquidation proceedings may be triggered either voluntarily or through the courts.
