K. Marine Agencies Private Limited v. Bahri Jazan (Imo No. 9620970)
Case brief
What is this about?
The High Court dismissed the Commercial Admiralty Suit as withdrawn by the plaintiff. The court ordered the return of the security deposit of Rs. 2,53,43,000/- with accrued interest to the defendant and directed the vacating of interim orders.
What did the court decide?
Dismissal of the suit; return of security deposit of Rs. 2,53,43,000/- with interest to the defendant; disposal and vacation of interim applications.