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The amended deed of settlement constitutes a lawful compromise disposing of the suit, and the court is bound to record and enforce its terms as per statutory and case law.
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The court adopted the deed of settlement as a consent judgment, ordering payment of TZS 1,477,070,000/= by plaintiffs to defendant, release of mortgaged properties upon payment, and waiver of further claims or appeals by all parties.
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The High Court struck out an application seeking accounts and determination of decree satisfaction, holding that only the executing court had jurisdiction under section 38 of the CPC.
The High Court Commercial Division recorded a mediated consent judgment settling a TZS 17 billion debt dispute between New Msimbazi Kerosene Limited and NBC Limited.
Consent judgment recorded a settlement in a bank loan dispute, reducing the debt, releasing collateral, and discharging guarantors on agreed payment terms.
The High Court Commercial Division recorded a consent judgment adopting a deed of settlement in a bank loan dispute and made it the court’s decree.
The High Court recorded a consent settlement in a loan dispute, entering judgment and decree on agreed repayment terms, security, default, and costs.
The High Court’s Commercial Division recorded a settlement deed as a consent judgment, fixing repayment terms for a banking debt and preserving the securities.
The High Court held that a termination agreement altered the mortgage arrangement, the plaintiff had paid what was required, and the bank had to release the title deed.
The High Court held that a termination agreement altered prior loan terms, ordered release of the title deed, and found the plaintiff owed nothing further.
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