Court of Appeal dismisses Standard Chartered Hong Kong appeal against IPTL

Dar es Salaam. The Court of Appeal of Tanzania has dismissed an appeal filed by Standard Chartered Bank (Hong Kong) Limited against Independent Power Tanzania Limited (IPTL), bringing to a close a long-running commercial dispute between the parties.

In a ruling delivered on Friday, the court struck out Civil Appeal No. 386 of 2022 after upholding preliminary objections raised by IPTL and its co-respondents, ruling that the appeal was incompetent.