Taranjot Resources Pvt. Ltd. v. M v Vishva Chetna Imo No 9603893
Case brief
What is this about?
Bombay High Court Admiralty (Commercial Division) order dated 19.12.2025 by Abhay Ahuja J. disposing Commercial Admiralty Suit 31/2025 on withdrawal: plaintiff Taranjot Resources Pvt. Ltd.; defendant vessel M.V. Vishva Chetna (IMO 9603893) owned by Shipping Corporation of India Ltd (SCI); Consent Terms dated 02.12.2025 accepted as undertakings to Court; release/return of State Bank of India Bank Guarantee no. 0479125BG0B00211 dated 24.07.2025 of Rs. 1,52,56,927 to SCI; Sheriff's poundage and costs borne by plaintiff; court fee refund per Rules under Section 43 Maharashtra Court Fees Act 1959 with certificate by Prothonotary & Senior Master without separate application.
What did the court decide?
Suit permitted to be withdrawn and disposed; return of Bank Guarantee no. 0479125BG0B00211 (dated 24 July 2025, State Bank of India, INR 1,52,56,927) to Shipping Corporation of India Ltd per Consent Terms; refund of Court fees as per Rules with 19 December 2025 fixed as the claim-for-repayment date under Section 43, Maharashtra Court Fees Act, 1959, with certificate by the Prothonotary & Senior Master without separate application.