japhary gasto gwikoze vs wahumila future group 2020 tzhc 877 29 may 2020

japhary gasto gwikoze vs wahumila future group 2020 tzhc 877 29 may 2020

The loan agreement was unenforceable as the respondent was not licensed or registered to conduct lending business, contravening mandatory legal requirements.

Citation
japhary gasto gwikoze vs wahumila future group 2020 tzhc 877 29 may 2020
Parties
Appellant: Jafary Gasto Gwikonze; Respondent: Wamuhila Future Group
Court
TZHC
Jurisdiction
Tanzania
Judgment Date
29 May 2020
Procedural Posture
Civil Appeal / Judgment
Outcome
appeal allowed
Legal Topics
Loan Enforceability, Legal Personality, Business Licensing, Jurisdiction, Locus Standi
Source Language
English

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 2 Authorities cited 2 Party arguments 2 Amounts and remedies 3
Sign in to unlock

Parties

Jafary Gasto Gwikonze

Appellant

Wamuhila Future Group

Respondent

Procedural Posture

Civil Appeal / Judgment

  1. 1 Whether the respondent had locus standi to sue
  2. 2 Whether the respondent could legally lend money and charge interest
  3. 3 Whether the Primary Court had jurisdiction

Ratio Decidendi

The loan agreement was unenforceable as the respondent was not licensed or registered to conduct lending business, contravening mandatory legal requirements.

Court Disposition

appeal allowed

Orders

  • each party to bear its own costs