eco bank tanzania limited v zeds logistics limited 2022 tzhccomd 104 29 april 2022
The High Court held that the 1st defendant defaulted on a credit facility, upheld the bank’s sale of secured vehicles under the debenture, and dismissed the counterclaim.
- Loan default
- Asset financing
- Breach of contract
- Enforcement of security
- Personal guarantee
- Counterclaim for damages