Nairobi Burger Chain Mama Rocks Faces Uncertain Future As Co-founder Files for Liquidation – The Kenyan Wall Street

Mama Rocks – Burger Kitchen Limited, a Nairobi-based gourmet burger chain, is facing possible liquidation following a petition filed by one of its co-founders, Samantha Amimo Mwedekeli. Court filings reveal that Mwedekeli submitted a petition for the company’s winding up on October 16, 2024 with the hearing now scheduled for 12th June. On the same…

IBBI notifies amendments to streamline corporate insolvency process

The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025 on May 26, according to a release. Among the…