joshua international ltd vs mpale kaba mpoki 2002 tzhc 2040 31 december 2002

joshua international ltd vs mpale kaba mpoki 2002 tzhc 2040 31 december 2002

The applicant raised a serious legal issue regarding the entitlement of the respondent to sell stocks not covered by the security. The court found it fair to intervene and restrain the sale pending determination of the main application to prevent irreparable harm.

Citation
joshua international ltd vs mpale kaba mpoki 2002 tzhc 2040 31 december 2002
Parties
Applicant: Joshua International Ltd; Respondent: Mpale Kaba Mpoki
Court
TZHC
Jurisdiction
Tanzania
Judgment Date
31 December 2002
Procedural Posture
Civil Application / Interim Injunction Ruling
Outcome
interim injunction granted
Legal Topics
Injunctions, Receivership, Secured Transactions
Source Language
English

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Parties

Joshua International Ltd

Applicant

Mpale Kaba Mpoki

Respondent

Procedural Posture

Civil Application / Interim Injunction Ruling

  1. 1 Whether the respondent is entitled to attach and sell the stocks of the applicant's two shops for which no charge was secured
  2. 2 Whether an interim injunction should be granted to restrain the respondent from disposing of the stocks pending determination of the main application

Ratio Decidendi

The applicant raised a serious legal issue regarding the entitlement of the respondent to sell stocks not covered by the security. The court found it fair to intervene and restrain the sale pending determination of the main application to prevent irreparable harm.

Court Disposition

interim injunction granted

Orders

  • Respondent restrained from opening bids or disposing of any stock in the two shops at DSM and Arusha until hearing and determination of the main application
  • Hearing of the main application set for 28/2/2003