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The High Court’s Commercial Division has ordered an evaluation of Air Tanzania Company Limited (ATCL) building located on Ohio Street in Dar es Salaam before auction to service a debt of over US$716,259.25 to a Tourism Services Company, Leisure Tours and Holidays Limited.
The decision follows an application by the Tourism Services Company, which won a civil case number 56, 2009 raised from commercial dispute between the company and ATCL.
 
The company demands a total of $716,259.25 after ATCL failed to pay fees for leasing of cars that the tour company provided them.
In addition to the amount, which is the simple debt with an interest rate of 10 per cent over the past two years, also ATCL should foot the costs of the suit.
The court in its order given by Judge Robert Makaramba on February 11, ruled that the tour company make evaluation of the building before auction.
The court ordered the tour firm to submit the evaluation report today.
 
 
The Citizen.

About Stan D.M

https://plus.google.com/+AviationTanzania/about.
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