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Tanzania decisions
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Plaintiff established existence of loan agreement and defendant's default; evidence and pleadings proved claims on balance of probabilities, entitling plaintiff to all reliefs sought.
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The High Court held that the plaintiffs’ guarantee agreements expired in 2019, ordered release of their titles, and upheld the bank’s counterclaim against TANCHI only.
The court adopted the deed of settlement as a consent judgment, ordering payment of TZS 1,477,070,000/= by plaintiffs to defendant, release of mortgaged properties upon payment, and waiver of further claims or appeals by all parties.
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The High Court partly allowed a bank’s claim on an overdraft facility, awarding Tshs. 200 million principal and Tshs. 10 million general damages, but rejecting higher and cheque-based claims.
High Court of Tanzania dismissed a partnership dispute for failure to prove fraud, loss of earnings, and entitlement to bus reimbursement or removal from partnership.
The High Court in Mwanza entered default judgment for CRDB Bank PLC after defendants failed to defend a loan default claim despite substituted service.
The High Court dismissed a borrower’s challenge to a bank’s intended sale of mortgaged property, finding the borrower in breach of the restructured loan agreement.
Consent judgment recorded a settlement in a bank loan dispute, reducing the debt, releasing collateral, and discharging guarantors on agreed payment terms.
The High Court recorded a consent settlement in a loan dispute, entering judgment and decree on agreed repayment terms, security, default, and costs.
The defendants breached their obligations under the facility letters by failing to repay the outstanding loan amounts. The plaintiff proved the outstanding sum and is entitled to payment, interest, and general damages. Claims for certain interests and enforcement of securities were not specifically proved and are not granted at this stage.
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