capital drilling t limited vs abdullhab seif kamanae others 2024 tzca 153 1 march 2024

capital drilling t limited vs abdullhab seif kamanae others 2024 tzca 153 1 march 2024

Applicant complied with statutory conditions for stay of execution, demonstrated likelihood of substantial loss, and made a firm undertaking to furnish security. Bank guarantee is the appropriate form of security given the circumstances.

Citation
capital drilling t limited vs abdullhab seif kamanae others 2024 tzca 153 1 march 2024
Parties
Applicant: Capital Drilling (T) Limited; Respondents: Abdullhab Seif Kamanae & 118 Others
Court
TZCA
Jurisdiction
Tanzania
Judgment Date
1 March 2024
Procedural Posture
Civil Application for Stay of Execution / Ruling on Inter Partes Application for Stay of Execution Pending Appeal
Outcome
application granted
Legal Topics
Stay of Execution, Security for Due Performance, Substantial Loss, Labour Dispute
Source Language
English

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Parties

Capital Drilling (T) Limited

Applicant

Abdullhab Seif Kamanae & 118 Others

Respondents

Procedural Posture

Civil Application for Stay of Execution / Ruling on Inter Partes Application for Stay of Execution Pending Appeal

  1. 1 Whether the applicant will suffer substantial loss if stay is not granted
  2. 2 Whether the applicant has made a firm undertaking to furnish security for due performance of the decree

Ratio Decidendi

Applicant complied with statutory conditions for stay of execution, demonstrated likelihood of substantial loss, and made a firm undertaking to furnish security. Bank guarantee is the appropriate form of security given the circumstances.

Court Disposition

application granted

Orders

  • Stay of execution of decree in Labour Revision No. 95 of 2020 granted.
  • Applicant to deposit bank guarantee of TZS 5,006,948,761.80 within sixty days.