20101022 TZHC Dar es Salaam

20101022 TZHC Dar es Salaam

The plaintiff proved the existence of a loan agreement, the defendant's default, and the registered mortgage as security. The court found the plaintiff entitled to recover the outstanding loan, interest, and enforce the mortgage due to the defendant's failure to repay or defend the suit.

Source-derived case information.

Citation
20101022 TZHC Dar es Salaam
Parties
Plaintiff: Board of Trustees of the Agricultural Inputs Trust Fund; Defendant: Mohamed Said Kilua
Court
TZHC
Jurisdiction
Tanzania
Judgment Date
22 October 2010
Procedural Posture
Civil Case / Ex Parte Judgment
Outcome
Judgment for the plaintiff
Legal Topics
Loan Recovery, Mortgage Enforcement, Default Judgment
Source Language
en
Civil Law Banking and Finance Law Loan Recovery Mortgage Enforcement Default Judgment

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Parties

Board of Trustees of the Agricultural Inputs Trust Fund

Plaintiff

Mohamed Said Kilua

Defendant

Procedural Posture

Civil Case / Ex Parte Judgment

  1. 1 Whether the defendant is liable to repay the loan advanced by the plaintiff
  2. 2 Whether the plaintiff is entitled to enforce the mortgage over the defendant's property

Ratio Decidendi

The plaintiff proved the existence of a loan agreement, the defendant's default, and the registered mortgage as security. The court found the plaintiff entitled to recover the outstanding loan, interest, and enforce the mortgage due to the defendant's failure to repay or defend the suit.

Court Disposition

Judgment for the plaintiff

Orders

  • Defendant to pay Tshs. 69,984,000 being principal and interest
  • Order for sale of mortgaged property if debt is not paid