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Tanzania Case Law

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Banking law prashant motibhai patel another vs azania commerial bank ltd another 2023 tzhccomd 102 5 april 2023

prashant motibhai patel another vs azania commerial bank ltd another 2023 tzhccomd 102 5 april 2023

The High Court held that the plaintiffs remained liable as guarantors and mortgagors, and dismissed their challenge to Azania Bank’s sale of the property.

  • Bank-customer relationship
  • Guarantee and indemnity
  • Mortgage enforcement
  • Assignment of liabilities
  • Statutory management of banks
  • Sale of mortgaged property
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