THIS BLOG AND LEGAL deals REALLY REALLY MORE LAWS OF LARGE TANZANIA.LENGO in them are made TANZANIA Not Be BACK In keeping MTANDAONI.HIVYO You are welcome THEN VISIT FOR THE STUDY AND criticize when necessary!
1.TAFLISI mean? Tanzania as countries across the world, lighting by erik investment / ujasilimali and borrowing of banks or financial institutions have increased and businesses have zikianzishwa by individuals or by Ushirika.Asilimia much of Tanzanians have been self-employed especially after government hiring be ngumu.Vile as the promise of government giving billion shares a similar lighting by erik platform has motivated the opening of business types away mbali.Lakini no sure if these businesses can be phased in over five to ten years. Often businesses fail due to lack of knowledge of the business and make huge debts and welcoming ziangukie series of different cases including but not limited to wanting kuwafilisi. Proceedings which are open bankruptcy is where the debtor is unable to pay its Denia or where the person who is owed the plaintiff has timiliziwa, so in the circumstances of his property is taken and distributed to people who plaintiff. It is a legal official announcement of the inability lighting by erik to pay debts madeni.Hii occurs when larger than capital flows. There are two rules that reflect the order of doing things if the issue of debt linajitokeza.Kuna kutokuluoa this aspect of companies failing to pay his abode madeni.Hili INCLUDE makampuni.Hivyo law firm then if you claim to want should be forced to repay the debt in a manner similar lighting by erik to the bankrupt, lighting by erik through frames are makampuni.Lakini follow the law when it comes to individuals, business partners [PARTNERSHIP] and entities which are not companies, then the appropriate law is the law of bankruptcy ultimate goal of this legislation is to ensure that the debt payable lighting by erik to the economy go forward. 2. LAW mentions WHAT WHAT THE YAKITENDWA EXPRESSES bankruptcy law lists factors that the debtor wrought is considered to have committed an act of bankruptcy i] .Endapo debtor with the intention to evade or delay its creditors will be made of the following a] He will go out of the country or from outside the country continues to remain there in the purpose of a trip is delayed or its creditors to avoid these b] Atahama his home or his home will not be seen or hidden aimed mainly focus mainly on the move, hide or invisibility is its creditors to delay or avoid these. ii] .Endapo will open the case to the courts to declare lighting by erik that he has no ability to pay debts or bankruptcy counsel shall be filed against him when he saw mwenyewe.Hii are now things lighting by erik have got worse with each day wadaomdai the trouble. iii] .Akitoa Information for those plaintiff that has established or intends to suspend debt repayment yake.Katika this case it is assumed that he broke. iv] Also as zimekamatwa lighting by erik its assets to a court order in the case of litigation and after arrest were sold or held by a broker lighting by erik for a period of twenty days moja.Sasa as zimekamatwa or sold your property by court order and are those you had when you do business , basiumefilisika. v] .Vile such as the plaintiff her has won a case against him for any amount and the debtor has not prevented the implementation of the trial and after being given notice of seven days of sentencing, has not taken any steps to pay the standard kilichoonyeshwa.Katika such circumstances as then calculated that broke . vi] If he moved his belongings to his trustees for the benefit of creditors, these wake.Wadhamini be responsible for their management relevant to repay debt. vii] If he moved, he gave gifts, will change what the ownership of her assets or part with bad intentions to akwepe pay debts yake.Hii occurs when a person, knowing that now he is undecided commercial as he was automobile house or whatever gives you a gift, or transfer ownership to the coming confiscation of their assets akutwe does nothing yet has given his children or people close 3.NI WHO HAS THE CAPACITY OF OPENING Case bankruptcy law grants the authority lighting by erik the following persons filing bankruptcy counsel A] debtor Article eight of the Act gives the debtor the ability open Taflisi.Katika counsel counsel indicated that no party will be able to pay debts yake.Na to unlock the debtor's counsel will have committed an act of bankruptcy even if he does not open the matter of declaring lighting by erik the inability to pay debts. After opening the debtor's counsel is not allowed to remove it in court without permission of the court B] assert a claim on him has just opened bankruptcy counsel lighting by erik under oath and during the relevant court hearing asks i] proof of debt or evidence. ii] evidence that the debtor has reported on the opening of this advice and v iii] evidence that the debtor has committed an act of bankruptcy if we vyoyaongelea above If the court itajiridhisha that the debtor has no proof, or the debtor has committed an act of bankruptcy or debtor does not report on the opening with competent counsel or imejiridhi