omega fish limited vs benjamin elikana masota benjamin masota 2022 tzhccomd 164 10 june 2022

omega fish limited vs benjamin elikana masota benjamin masota 2022 tzhccomd 164 10 june 2022

Plaintiff proved advancement of TZS 140,152,000/= to Defendant, of which TZS 60,152,000/= was repaid via fish consignments. Claim for TZS 40,000,000/= advanced in 2011 was time-barred. Outstanding recoverable amount is TZS 40,000,000/=. Both parties breached contract terms, but Plaintiff entitled to partial relief.

Source-derived case information.

Citation
omega fish limited vs benjamin elikana masota benjamin masota 2022 tzhccomd 164 10 june 2022
Parties
Plaintiff: Omega Fish Limited; Defendant: Benjamin Elikana Masota @ Benjamin Masota
Court
TZHCCOMD
Jurisdiction
Tanzania
Judgment Date
10 June 2022
Procedural Posture
Commercial Case / Final Judgment
Outcome
Judgment for Plaintiff in part
Legal Topics
Loan Recovery, Breach of Contract, Limitation of Actions, Security for Debt
Source Language
en
Contract Law Commercial Law Loan Recovery Breach of Contract Limitation of Actions Security for Debt

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Parties

Omega Fish Limited

Plaintiff

Benjamin Elikana Masota @ Benjamin Masota

Defendant

Procedural Posture

Commercial Case / Final Judgment

  1. 1 Whether the Plaintiff advanced the sum of TZS 160,152,000/= or TZS 30,000,000/= as loan and advances to the Defendant
  2. 2 Whether the Defendant ever made part payment of the loan and advances
  3. 3 How much, if any, was the outstanding loan and/or advances as of the date of filing the suit

Ratio Decidendi

Plaintiff proved advancement of TZS 140,152,000/= to Defendant, of which TZS 60,152,000/= was repaid via fish consignments. Claim for TZS 40,000,000/= advanced in 2011 was time-barred. Outstanding recoverable amount is TZS 40,000,000/=. Both parties breached contract terms, but Plaintiff entitled to partial relief.

Court Disposition

Judgment for Plaintiff in part

Orders

  • Defendant to pay Plaintiff TZS 40,000,000/= as outstanding loan amount
  • If Defendant fails to pay, Plaintiff may sell Defendant's house at Plot 129 Block 'AIX' Kirumba Area, Mwanza Township, CT.No.22047, L.O. Number 41491 for full recovery of the loan