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Tanzania decisions
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The court adopted and recorded the deed of settlement as a consent judgment, holding that the payment of TZS 70,000,000 by the plaintiff to the 1st defendant constitutes full settlement, and upon payment, all collateral is to be released and all claims between the parties are discharged.
Source excerpt
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 withdrew a land application after the requested relief had already been granted by the Deputy Registrar, leaving no live dispute.
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