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Sale of Hotel Beach Villa along Paje Beach Tender - 95273295

The ACCURATE RECOVERY & AUCTION LIMITED has issued a Tender notice for the procurement of a Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas in the Tanzania. This Tender notice was published on 16 Jan 2024 and is scheduled to close on 31 Jan 2024, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 95273295, while the tender notice number is and Registering on the platform.

Procurement Summary

Country: Tanzania

Summary: Sale of Hotel Beach Villa along Paje Beach property of Paje Beach Resort Limited t/a Serenity Villas

Deadline: 31 Jan 2024

Posting Date: 16 Jan 2024

Other Information

Notice Type: Tender

TOT Ref.No.: 95273295

Document Ref. No.:

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

Purchaser's Detail

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Tender Details

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.

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