Tanzania Case Law

PETER TE LINTEL AND SOLANDRA LTD MISC

Court

TANZLII

The respondents' failure to file a verifying affidavit to their answer rendered their factual allegations inadmissible, leaving the petitioners' verified allegations unopposed. The 2nd and 3rd respondents, as resident directors, failed to hold statutory meetings, withheld financial information, and did not comply with statutory requirements, amounting to conduct that was unfairly prejudicial to the petitioners' interests as members under section 233 of the Companies Act. The petition was thus meritorious and appropriate remedies were granted.

Source excerpt

• Unfair prejudice
• Shareholder rights
• Corporate governance
• Directors' duties
• Statutory meetings
• Financial disclosure

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antony haji vs kingsway properties ltd another 2023 tzhccomd 325 11 september 2023

Court

TZHCCOMD

The High Court dismissed a petition challenging a 2010 share transfer and alleging unfair prejudice, finding the petitioner had voluntarily transferred his share and delayed complaining for years.

• Share transfer
• Unfair prejudice
• Statutory meetings
• Minority shareholder protection
• Share-transfer
• Unfair-prejudice

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ms devota kiwory and another vs celtawico ltd 2020 tzhccomd 59 13 may 2020

Court

TZHCCOMD

Minority shareholders sought relief over alleged mismanagement and failed meetings, but the High Court ordered an extraordinary directors’ meeting to address the disputes.

• Statutory meetings
• Director duties
• Minority shareholder rights
• Misuse of company funds
• Dividends
• Audited accounts

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