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Tanzania decisions
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High Court of Tanzania allowed CRDB Bank PLC's appeal, holding the bank was not negligent in dishonouring a cheque for insufficient funds and setting aside the damages award.
Commercial loan dispute over Tshs 100 million, contractual interest, and alleged mortgage security. Court awarded principal and interest, but refused sale of the land.
The High Court’s Commercial Division dismissed a suit for USD 40,000, holding the claim against the second defendant time-barred and finding no proof the company borrowed money.
The High Court held the plaintiff was a holder for value of a disputed cheque, rejected the bank’s fraud allegations, and dismissed the counterclaim.
The High Court held that the plaintiff was a holder for value of a cheque, found the bank unjustified in refusing payment, awarded damages, and dismissed the counter-claim.
The High Court held the defendants liable for USD 476,135 under a termination agreement and cheque, finding their tax and reconciliation defenses unsupported.
The High Court granted leave to defend a summary commercial suit, holding that a dispute over the amount owed and stop-payment cheques raised triable issues.
There were no triable issues as the appellant owed the respondent the claimed amount, the cheque was presented after the agreed date, and no alternative arrangement was proven; thus, leave to defend was properly denied.
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