robson elishilia laseko another vs amana bank limited another 2024 tzhc 198 7 february 2024

robson elishilia laseko another vs amana bank limited another 2024 tzhc 198 7 february 2024

Plaintiffs' guarantee agreements expired in 2019 and covered only ATC and AUWSA projects for one year. Detainment of Plaintiffs' titles by 1st Defendant after expiry was unlawful. 1st Defendant proved counterclaim against 2nd Defendant for outstanding amounts, but Plaintiffs are not liable for claims arising after expiry of guarantee. Mortgage deeds cannot bind Plaintiffs beyond scope and period of guarantee agreements.

Citation
robson elishilia laseko another vs amana bank limited another 2024 tzhc 198 7 february 2024
Parties
1st Plaintiff: Robson Elishilia Laseko; 2nd Plaintiff: Nelson Nick Nsailo @ Nelson Robson Laseko; 1st Defendant: Amana Bank Limited; 2nd Defendant: TANCHI Brothers Construction Company Limited
Court
TZHC
Jurisdiction
Tanzania
Judgment Date
7 February 2024
Procedural Posture
Land Case / Judgment
Outcome
Plaintiffs' suit proved against both Defendants; 1st Defendant's counterclaim proved against 2nd Defendant only.
Legal Topics
Guarantee Agreements, Mortgage Registration, Bank Facilities, Breach of Contract, Damages, Permanent Injunction
Source Language
English

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Parties

Robson Elishilia Laseko

1st Plaintiff

Nelson Nick Nsailo @ Nelson Robson Laseko

2nd Plaintiff

Amana Bank Limited

1st Defendant

TANCHI Brothers Construction Company Limited

2nd Defendant

Procedural Posture

Land Case / Judgment

  1. 1 Existence and expiry of guarantee agreements
  2. 2 Validity of mortgage registration
  3. 3 Scope of securities for bank facilities

Ratio Decidendi

Plaintiffs' guarantee agreements expired in 2019 and covered only ATC and AUWSA projects for one year. Detainment of Plaintiffs' titles by 1st Defendant after expiry was unlawful. 1st Defendant proved counterclaim against 2nd Defendant for outstanding amounts, but Plaintiffs are not liable for claims arising after expiry of guarantee. Mortgage deeds cannot bind Plaintiffs beyond scope and period of guarantee agreements.

Court Disposition

Plaintiffs' suit proved against both Defendants; 1st Defendant's counterclaim proved against 2nd Defendant only.

Orders

  • 1st Defendant to discharge mortgages and return titles to Plaintiffs.
  • Defendants and agents permanently restrained from dealing with Plaintiffs' properties.