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Nairobi \u2014 Bus body-building firm Labh Singh Harnam Singh Limited has been placed under administration, stripping its directors of control over the company’s assets.<\/em><\/p>\n According to a notice, PVR Rao and Swaroop Rao Ponangipalli have been appointed joint administrators, effective February 4, 2025.<\/p>\n The notice comes as the firm grapples with a Sh1 billion loan KCB debt.<\/p>\n “The joint administrators will act as agents of the company without personal liability,” the notice stated.<\/p>\n Following their…<\/p>\n<\/div>\n Read more on AllAfrica.com<\/a> Nairobi \u2014 Bus body-building firm Labh Singh Harnam Singh Limited has been placed under administration, stripping its directors of control over the company’s assets. According to a notice, PVR Rao and Swaroop Rao Ponangipalli have been appointed joint administrators, effective February 4, 2025. The notice comes as the firm grapples with a Sh1 billion loan […]<\/p>\n","protected":false},"author":9,"featured_media":190963,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[250],"tags":[258,256,25487,3011,6861,50603,4688,430,50602,257,5223,37644,254],"class_list":["post-190962","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kenya","tag-africa","tag-africa-news","tag-bodybuilder","tag-bus","tag-debt","tag-harnam","tag-kenya","tag-kenya-news","tag-labh","tag-news","tag-shuts","tag-singh","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/190962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=190962"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/190962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/190963"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=190962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=190962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=190962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 East Africa Kenya<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"