shekha nassor vs commercial bank of africa tanzania ltd another 2018 tzhccomd 86 8 june 2018

shekha nassor vs commercial bank of africa tanzania ltd another 2018 tzhccomd 86 8 june 2018

Since no valid petition to challenge the final arbitral award was filed within the 60-day limitation period, the court ordered the registration and enforcement of the award as a decree.

Source-derived case information.

Citation
shekha nassor vs commercial bank of africa tanzania ltd another 2018 tzhccomd 86 8 june 2018
Parties
Claimant: Ms Shekha Nassor; Respondent: Commercial Bank of Africa Tanzania Limited; Third Party: Mutual Development Limited
Court
TZHCCOMD
Jurisdiction
Tanzania
Judgment Date
8 June 2018
Procedural Posture
Miscellaneous Commercial Cause / Ruling on Registration and Enforcement of Arbitral Award
Outcome
final award registered and enforceable as court decree
Legal Topics
Enforcement of Arbitral Awards, Withdrawal of Petition, Limitation Period for Challenging Awards
Source Language
en
Arbitration Commercial Law Enforcement of Arbitral Awards Withdrawal of Petition Limitation Period for Challenging Awards

Source-derived case record

Summary, issues, holding and outcome

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Parties

Ms Shekha Nassor

Claimant

Commercial Bank of Africa Tanzania Limited

Respondent

Mutual Development Limited

Third Party

Procedural Posture

Miscellaneous Commercial Cause / Ruling on Registration and Enforcement of Arbitral Award

  1. 1 Whether the final arbitral award should be registered and enforced as a court decree
  2. 2 Whether there was a valid petition to challenge the arbitral award within the limitation period

Ratio Decidendi

Since no valid petition to challenge the final arbitral award was filed within the 60-day limitation period, the court ordered the registration and enforcement of the award as a decree.

Court Disposition

final award registered and enforceable as court decree

Orders

  • Final arbitral award registered in court and enforceable as a decree
  • Right of appeal reserved to parties