Supreme Court Judgment – Petromarine Products Ltd. vs Ocean Marine Services Company Ltd

IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO.6156 OF 2005
Petromarine Products Ltd. …Appellant (s)
versus
Ocean Marine Services Company Ltd. and others …

The factual matrix of the case is that in February, 1997 Respondent No.1 filed a suit being C.S.No.97 of 1997 under the Admiralty Jurisdiction of High Court of Madras, for recovery of US$ 22,705.84 against Respondent No.3 herein along with an application praying for an order of arrest of the vessel which arrived at Port of Madras. The High Court interms of Order dated 27.2.1997 issued arrest warrant. Whereas in the Bombay High Court, Appellant filed an admiralty suit A.S.No.27 of 1997 in March, 1997 for recovery of amount of US$ 39,712.97 i.e. the security of Appellant’s suit claim. On 19.03.1997, Bombay High Court directed the order of arrest of Vessel M.V. Eleni….read more