Tender Details

Country: Tanzania
Summary: Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas
TZT Ref No: 95273295
Deadline: 31 Jan 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.:
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
Description:
Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas Advocates, Patent and Trademark Attorneys, Notaries Public and Commissioners of Oaths. 1. Our Client has pending court case against Equity Bank Tanzania Limited (“Equity”), namely Commercial Case No. 3 of 2020; Misc. Commercial Application No. 06 of 2022 and Misc. Commercial Application No. 07 of 2023 all pending in the High Court of Zanzibar Commercial Division Holden at Tunguu -Zanzibar. 2. In respect of the Commercial Case No. 3 of 2020 the Honourable High Court issued an ex parte order barring Equity from disposing the Property pending determination of the dispute between the parties coupled with an undertaking by Equity -s advocates of channeling all actions through the Court. 3. In the pending Misc. Commercial Application No. 07 of 2023 our Client seeks similar reliefs of maintenance of status quo pending determination of the dispute between the parties. 4. Our client has learnt with great concern a public notice issued by ACCURATE RECOVERY & AUCTIONS LIMITED in the Guardian Newspaper of 1 January 2024 giving 14 days- notice of sale of the Property and invitation of sealed bids. 5. The public is hereby informed that the Property is subject of court litigation and, as such, the purported loan by Equity and alleged default is a contentious matter. In law and equity, the Property is not ripe for sale. 6. The public is enjoined to desist from taking part in the impugned sale of the Property since it constitutes a wrongful interference with the due process of law and demeans the sanctity of the Court proceedings.
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas - Tanzania Tender

The ACCURATE RECOVERY & AUCTION LIMITED, a Government sector organization in Tanzania, has announced a new tender for Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas. This tender is published on TanzaniaTenders under TZT Ref No: 95273295 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-01-31.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.