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Tanzania decisions
Decisions matching the current search
The High Court held that an uncrystallised floating charge did not bar attachment and sale of company assets in execution of a decree, and dismissed the application with costs.
The High Court in Musoma dismissed an application for leave to appeal to the Court of Appeal, finding the proposed grounds were afterthoughts or not points of law.
High Court of Tanzania held that Bank of Africa’s floating charge over OM Agro’s assets had priority over the defendant’s later claim to cashewnuts.
The High Court held that the defendants guaranteed a bank loan, the borrower defaulted, and the guarantors were jointly liable for the outstanding debt, interest, damages, and costs.
The High Court registered the parties’ Deed of Settlement as the judgment and decree and marked the commercial suit settled before full hearing.
The High Court dismissed a defendant’s preliminary objections, holding that an unargued objection was abandoned and that the pleadings did not admit payment of the debt.
The High Court dismissed a borrower’s challenge to intended loan recovery, but restrained sale of Mkoko Farm unless lawful procedures are followed.
Default judgment in a commercial loan dispute after the 1st defendant failed to file a defence despite substituted service.
The High Court held the defendants jointly and severally liable for unpaid credit facilities, enforcing continuing securities, a debenture, and guarantees.
The High Court recorded a deed of settlement in a banking dispute and marked the commercial suit settled out of court under Order XXIII Rule 3.
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