Rossmere International Limited v. Dv Dale Ex Name Mt Gamma Gamma II Mercury Imo No 8917792
Admiralty jurisdiction – vessel arrest – security deposit
Case brief
What is this about?
Gujarat HC, Admiralty Suit 41/2018, Rossmere International Ltd v. DV Dale ex MT Gamma Gamma II Mercury (IMO 8917792) & Anr., order dated 03/07/2025 by Mauna M. Bhatt, J.: consent withdrawal after full and final settlement; security deposit of USD 2,051,491 with PNB NRI Branch Ahmedabad (order dated 26.10.2018); settlement sum USD 1,573,969.15 to Plaintiff; balance security sum with interest to Defendant's nominee RV International DMCC within 2 weeks; refund of court fees; Civil Applications (For Direction) 1 and 2 of 2019 disposed as infructuous.
What did the court decide?
Suit permitted to be withdrawn and disposed of as withdrawn pursuant to the settlement; Registry to remit USD 1,573,969.15 to the Plaintiff and the balance security amount with accrued interest to the Defendant's nominee (RV International DMCC) within 2 weeks; refund of permissible court fees to the Plaintiff's Advocate; connected Civil Applications disposed of as infructuous.