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Tanzania Case Law

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Banking and finance nas hauliers ltd others vs equity bank t ltd another 2023 tzhccomd 110 19 april 2023

nas hauliers ltd others vs equity bank t ltd another 2023 tzhccomd 110 19 april 2023

Court
TZHCCOMD

The SBLC/LC facility agreement dated 22 May 2019 (Exh.P-3) was executed by all three Plaintiffs and the Defendants, but the secured event—a foreign loan facility from Lamar to all three Plaintiffs—never materialized. Only the 1st Plaintiff entered a facility agreement with Lamar (Exh.P-7), and the SBLC/LC contemplated under Exh.P-3 was never issued by the 2nd Defendant. The Letter of Credit (Exh.D-10) issued by the 2nd Defendant was not the SBLC/LC contemplated under Exh.P-3, but was instead based on a separate, undisclosed sale and buy-back transaction involving heavy equipment, for which no…

Source excerpt

  • Syndicated loans
  • Letters of credit
  • Standby letters of credit (sblc)
  • Loan syndication
  • Security trustee arrangements
  • Breach of contract
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Civil procedure kagera education promotion co perative society limited vs morities corporation ltd and another 2022 tzhc 10921 30 june 2022

kagera education promotion co perative society limited vs morities corporation ltd and another 2022 tzhc 10921 30 june 2022

Court
TZHC

The plaint was struck out because it was drawn, endorsed, and filed by advocates (Orbit Attorneys) who had a conflict of interest, having previously represented the 1st defendant in a substantially related matter involving the same property and mortgage. The court found that the matters were connected and that the advocates had confidential information relevant to both cases, thus disqualifying them from acting against their former client.

Source excerpt

  • Conflict of interest
  • Advocate disqualification
  • Professional conduct
  • Land ownership
  • Mortgage law
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Civil procedure edward epimark lasway ta lasway truck and others vs national bank of commerce 2020 tzhccomd 2110 18 december 2020

edward epimark lasway ta lasway truck and others vs national bank of commerce 2020 tzhccomd 2110 18 december 2020

Court
TZHCCOMD

The court found that the applicants, being lay persons, acted with due diligence after becoming aware of the status of their case, and that the 14-day delay was not inordinate given the circumstances, including the death of their advocate and the 2nd respondent. The court exercised its discretion to grant the extension of time in the interest of justice.

Source excerpt

  • Extension of time
  • Appeals
  • Summary procedure
  • Mortgage law
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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.