encod ltd vs stanbic bank t ltd by way of counter claim stanbic bank t ltd vs encod ltd 2 others 2023 tzhccomd 397 15 december 2023
The High Court dismissed ENCOD’s claim over a repossessed vehicle and allowed Stanbic Bank’s counterclaim for the outstanding VAF debt, holding the borrower defaulted under the contract.
- Breach of contract
- Vehicle asset financing
- Repossession
- Counterclaim
- Damages
- Interest on debt