Kensington & Chelsea Tenant Management Organisation’s (KCTMO) constitution consists of Articles of Association filed at Companies House. The company was incorporated on 20 April 1995. Following the tragic fire in June 2017 and the hand back of services to the Council in February 2018, revised Articles were agreed by members.
The Company: Kensington and Chelsea Tenant Management Organisation Limited is a company limited by guarantee. This means that it does not have share capital or shareholders, but resident members.
Objects: A company must state in its constitution what it has been set up to do. The objects of KCTMO are to:
a) manage it's liabilities and obligations; and
b) to cooperate fully with, participate in, respond to and support the Grenfell Tower Inquiry and any other legal processes, including any criminal proceedings or civil claims brought (whether against the company itself, or others) in relation to death, personal injury, property damage or any other loss arising out of the Grenfell Tower tragedy.
For the avoidance of doubt, the company shall not resume the management of the housing stock or any properties owned by the Royal Borough of Kensington and Chelsea beyond those obligations for which the company is responsible on the day prior to the date of adoption of these articles.