stanbic bank t ltd vs sophia majamba 2022 tzca 401 28 june 2022
The applicant satisfied all cumulative conditions for stay of execution: timely application, demonstration of potential substantial loss, willingness to furnish security, and attachment of required documents. Therefore, stay of execution is granted pending appeal, subject to provision of a bank guarantee from CRDB Bank for the decreed sum.
- Citation
- stanbic bank t ltd vs sophia majamba 2022 tzca 401 28 june 2022
- Parties
- Applicant: Stanbic Bank (T) Ltd; Respondent: Sophia Majamba
- Court
- TZCA
- Jurisdiction
- Tanzania
- Judgment Date
- 28 June 2022
- Procedural Posture
- Civil Application / Application for Stay of Execution Pending Appeal
- Outcome
- application granted
- Legal Topics
- Stay of Execution, Security for Performance, Appeal Procedure, Unlawful Termination
- Source Language
- English
Case Brief
Summary, issues, holding and outcome
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Parties
Stanbic Bank (T) Ltd
Applicant
Sophia Majamba
Respondent
Procedural Posture
Civil Application / Application for Stay of Execution Pending Appeal
Legal Issues
- 1 Whether the applicant has satisfied the conditions for stay of execution pending appeal under Rule 11 of the Tanzania Court of Appeal Rules 2009
Ratio Decidendi
The applicant satisfied all cumulative conditions for stay of execution: timely application, demonstration of potential substantial loss, willingness to furnish security, and attachment of required documents. Therefore, stay of execution is granted pending appeal, subject to provision of a bank guarantee from CRDB Bank for the decreed sum.
Court Disposition
application granted
Orders
- Stay of execution of the High Court decree in Labour Revision No. 767 of 2018 is granted pending appeal.
- Applicant to deposit in Court within thirty days a security in the form of a bank guarantee from CRDB Bank for Tshs. 191,963,520/=
Full Case Text
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