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Tanzania Case Law

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Banking law EQUITY BANK VS JANETH MWENDA COMM CASE NO

EQUITY BANK VS JANETH MWENDA COMM CASE NO

Court
TANZLII

The Plaintiff proved the existence of valid credit facility and guarantee agreements, the Defendants' breach of those agreements, and the outstanding debt. The Defendants' failure to file a defence or counter affidavit resulted in the Plaintiff's claims being deemed admitted. The Plaintiff is entitled to recover the outstanding loan, interest, and enforce the mortgage and guarantee.

Source excerpt

  • Loan recovery
  • Breach of contract
  • Guarantee enforcement
  • Default judgment
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Commercial law MEDICAL CREDIT FUND II COORPERATIEF VS HAKIKA PHARMACEUTICAL LTD COMM CASE NO

MEDICAL CREDIT FUND II COORPERATIEF VS HAKIKA PHARMACEUTICAL LTD COMM CASE NO

Court
TANZLII

The parties mutually executed a deed of settlement specifying the division and payment of the outstanding loan, legal fees, and costs, and requested the court to adopt it as a consent judgment. The court found the settlement lawful and binding, and accordingly marked the suit as settled on those terms, recording the deed as the judgment and decree of the court.

Source excerpt

  • Loan recovery
  • Consent judgment
  • Settlement agreement
  • Guarantee enforcement
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Banking law equity bank tanzania ltd vs regional logistis ltd 2 others 2023 tzhccomd 288 1 september 2023

equity bank tanzania ltd vs regional logistis ltd 2 others 2023 tzhccomd 288 1 september 2023

Court
TZHCCOMD

The High Court Commercial Division entered default judgment for Equity Bank after the defendants failed to defend a loan recovery claim secured by guarantees.

  • Loan default
  • Guarantee enforcement
  • Ex parte proceedings
  • Debt recovery
  • Loan-default
  • Guarantee-enforcement
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Contract law first national bank t ltd vs petrolux service stations ltd 3 others 2023 tzhccomd 196 21 april 2023

first national bank t ltd vs petrolux service stations ltd 3 others 2023 tzhccomd 196 21 april 2023

Court
TZHCCOMD

The High Court held that the defendants guaranteed a bank loan, the borrower defaulted, and the guarantors were jointly liable for the outstanding debt, interest, damages, and costs.

  • Loan default
  • Guarantee enforcement
  • Debenture
  • Interest calculation
  • General damages
  • Loan-default
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Banking law habib african bank ltd vs samora service station ltd 3 others 2022 tzhccomd 395 14 december 2022

habib african bank ltd vs samora service station ltd 3 others 2022 tzhccomd 395 14 december 2022

Court
TZHCCOMD

The High Court adopted a signed settlement in a commercial loan dispute, marking the case settled and entering judgment and decree on the agreed terms.

  • Loan recovery
  • Settlement agreement
  • Guarantee enforcement
  • Mortgage enforcement
  • Consent-judgment
  • Loan-recovery
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Banking law bank of india t ltd vs tropical foods ltd another 2022 tzhccomd 1 10 january 2022

bank of india t ltd vs tropical foods ltd another 2022 tzhccomd 1 10 january 2022

Court
TZHCCOMD

The Plaintiff proved, on a balance of probabilities, that the Defendants breached the terms of the loan facility by failing to repay the outstanding amount of USD 658,841.55. The 2nd Defendant remained liable as guarantor, having participated in and consented to the contract variations. The Defendants' failure to dispute the outstanding amount in demand notices and their offer to settle for a lesser sum further supported the Plaintiff's claim.

Source excerpt

  • Loan recovery
  • Guarantee enforcement
  • Breach of contract
  • Secured transactions
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Banking law ncba bank t ltd vs nadir enterprises ltd and 4 others 2021 tzhccomd 3502 18 october 2021

ncba bank t ltd vs nadir enterprises ltd and 4 others 2021 tzhccomd 3502 18 october 2021

Court
TZHCCOMD

Ex parte commercial judgment for the bank on an overdraft default and guarantee enforcement, awarding the outstanding debt, contractual and penal interest, damages, and costs.

  • Loan default
  • Guarantee enforcement
  • Overdraft facility
  • Mortgage enforcement
  • Damages
  • Interest calculation
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Banking bank of baroda t ltd vsfb contractors 2021 tzhccomd 3350 28 august 2021

bank of baroda t ltd vsfb contractors 2021 tzhccomd 3350 28 august 2021

Court
TZHCCOMD

The High Court of Tanzania upheld a bank’s claim for loan recovery, finding the mortgage and securities valid, the borrowers in default, and recovery procedures proper.

  • Loan default
  • Mortgage creation
  • Loan recovery procedures
  • Guarantee enforcement
  • Loan-default
  • Mortgage-enforcement
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About this LexChat collection

Tanzania decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

Source links and collection timestamps are retained alongside the indexed records.