Tanzania Case Law

prashant motibhai patel another vs azania commerial bank ltd another 2023 tzhccomd 102 5 april 2023

Court

TZHCCOMD

The High Court held that the plaintiffs remained liable as guarantors and mortgagors, and dismissed their challenge to Azania Bank’s sale of the property.

• Bank-customer relationship
• Guarantee and indemnity
• Mortgage enforcement
• Assignment of liabilities
• Statutory management of banks
• Sale of mortgaged property

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fbme bank tanzania ltd vs cristal resort ltd 2020 tzca 4 3 january 2020

Court

TZCA

The Bankruptcy Act does not apply in Zanzibar as it is not a Union law, and the Banking and Financial Institutions Act, which does apply, only bars insolvency or bankruptcy proceedings, not contractual claims. Therefore, the respondent's suit was competent without leave of the court.

Source excerpt

• Statutory management of banks
• Jurisdiction
• Default judgment
• Leave to sue under bankruptcy laws
• Application of union and non-union laws in tanzania

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