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Tanzania Case Law

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Contract law BARRY DISMAS CHALE VS KCB BANK TANZANIA LIMITED

BARRY DISMAS CHALE VS KCB BANK TANZANIA LIMITED

Court
TANZLII

The plaintiff is bound by the restructuring agreement, which imposed commercial interest rates after the moratorium. The defendant is entitled to charge accrued interest and penalties. The plaintiff breached the loan agreement by failing to repay as agreed. Reliefs sought by the plaintiff are dismissed; judgment is entered for the defendant in the counterclaim for the outstanding loan and interest at court rate.

Source excerpt

  • Loan agreements
  • Interest rates
  • Breach of contract
  • Moratorium
  • Restructuring of debt
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Company law TRA VS NAKUMAT T LTD MISC COMM APPL NO

TRA VS NAKUMAT T LTD MISC COMM APPL NO

Court
TANZLII

The application for leave to apply for an order of sale is dismissed because granting leave would defeat the purpose of the moratorium imposed by Section 249(1)(c) of the Companies Act, 2012, which is to preserve the status quo and assets for the benefit of all creditors until the administration petition is determined.

Source excerpt

  • Administration orders
  • Moratorium
  • Warrant of distress
  • Creditor rights
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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.