19970917 TZHC Dar es Salaam

19970917 TZHC Dar es Salaam

The applicant demonstrated a serious issue to be tried regarding his shareholding and risk of irreparable harm if company assets are disposed of or liquidated before the suit is determined. The requirements for a temporary injunction under Order 37 CPC were satisfied, and the balance of convenience favored maintaining the status quo.

Citation
19970917 TZHC Dar es Salaam
Parties
Plaintiff/applicant: Basil Nicholas Alexander Jennings Bramly; 1st Defendant/respondent: Phokion Filios; 2nd Defendant/respondent: A & F Contractors Ltd.; 3rd Defendant/respondent: Expo Tanzania Ltd.
Court
TZHC
Jurisdiction
Tanzania
Judgment Date
17 September 1997
Procedural Posture
Civil Case / Ruling on Application for Temporary Injunction
Outcome
Application for temporary injunction granted
Legal Topics
Temporary Injunction, Shareholder Rights, Company Asset Protection
Source Language
English

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Parties

Basil Nicholas Alexander Jennings Bramly

Plaintiff/applicant

Phokion Filios

1st Defendant/respondent

A & F Contractors Ltd.

2nd Defendant/respondent

Expo Tanzania Ltd.

3rd Defendant/respondent

Procedural Posture

Civil Case / Ruling on Application for Temporary Injunction

  1. 1 Whether the applicant is entitled to a temporary injunction restraining the 1st respondent from disposing of or liquidating the assets of the 2nd and 3rd respondents until determination of the suit

Ratio Decidendi

The applicant demonstrated a serious issue to be tried regarding his shareholding and risk of irreparable harm if company assets are disposed of or liquidated before the suit is determined. The requirements for a temporary injunction under Order 37 CPC were satisfied, and the balance of convenience favored maintaining the status quo.

Court Disposition

Application for temporary injunction granted

Orders

  • 1st respondent restrained from disposing of assets or liquidating the 2nd and 3rd respondent companies until determination of the main suit