the national bureau de change ltd vs professional promotion another 2000 tzhccomd 17 19 december 2000

Judgment is entered for the plaintiff as the defendant admitted liability, with repayment to be made according to the agreed schedule and interest at the bank rate from 31 October 2000.

Citation: the national bureau de change ltd vs professional promotion another 2000 tzhccomd 17 19 december 2000
Parties: Defendant: Professional Promotions; Defendant: Joe R. Rugarabamu
Court: TZHCCOMD
Jurisdiction: Tanzania
Judgment Date: 19 December 2000
Procedural Posture: Civil Commercial / Judgment on Admission
Outcome: judgment for the plaintiff
Legal Topics: Judgment on Admission, Debt Recovery, Repayment Schedule
Source Language: English

Commercial Law Civil Procedure Judgment on Admission Debt Recovery Repayment Schedule

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Parties

Professional Promotions

Defendant

Joe R. Rugarabamu

Defendant

Procedural Posture

Civil Commercial / Judgment on Admission

Legal Issues

1 Whether the defendant is liable for the debt claimed by the plaintiff
2 Appropriate repayment schedule and interest

Ratio Decidendi

Judgment is entered for the plaintiff as the defendant admitted liability, with repayment to be made according to the agreed schedule and interest at the bank rate from 31 October 2000.

Court Disposition

judgment for the plaintiff

Orders

Defendant to pay the debt as per the agreed schedule
Interest at the bank rate from 31 October 2000