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19 Nov 2019

Contract law 20191119 TZHC Dar es Salaam

20191119 TZHC Dar es Salaam

Court: TZHC

The High Court held that a FUSO Tipper was not part of the loan collateral, found its sale unlawful, awarded damages, and ordered return of the vehicle and title on repayment of the principal.

Loan agreements
Collateral
Interest rates
Unlawful sale of property
Damages
Loan-agreement

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20191119 TZHC Dar es Salaam