insight security services limited vs tanzania zambia railway authority 2022 tzhc 11023 29 july 2022

The court found the deed of settlement to be in order and, based on certification of partial payment, adjusted the decree as per the settlement terms.

Citation: insight security services limited vs tanzania zambia railway authority 2022 tzhc 11023 29 july 2022
Parties: Decree Holder/plaintiff: Insight Security Services Limited; Judgement Debtor/defendant: Tanzania Zambia Railway Authority
Court: TZHC
Jurisdiction: Tanzania
Judgment Date: 29 July 2022
Procedural Posture: Execution / Ruling on Adjustment of Decree
Outcome: decree adjusted as per settlement
Legal Topics: Execution of Decree, Adjustment of Decree, Settlement Agreement
Source Language: English

Civil Procedure Contract Enforcement Execution of Decree Adjustment of Decree Settlement Agreement

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Parties

Insight Security Services Limited

Decree Holder/plaintiff

Tanzania Zambia Railway Authority

Judgement Debtor/defendant

Procedural Posture

Execution / Ruling on Adjustment of Decree

Legal Issues

1 Whether the decree should be adjusted in accordance with the deed of settlement executed by the parties

Ratio Decidendi

The court found the deed of settlement to be in order and, based on certification of partial payment, adjusted the decree as per the settlement terms.

Court Disposition

decree adjusted as per settlement

Orders

The decretal amount is adjusted to TZS 490,000,000.
Interest at court’s rate of 12% from date of judgment to date of full payment is waived.