Balaji Malts Private Limited v. M.V. Panamax Christina (Imo No. 9510319)
Case brief
What is this about?
In this admiralty suit, the plaintiff filed a purshish seeking permission to unconditionally withdraw the captioned suit and recover the security deposited by the defendant's P and I Club. The single judge permitted the withdrawal, ordered the return of the security of USD 650,000 with accrued interest to the defendant's club with specific bank details, directed the refund of court fees to the plaintiff's advocate, and disposed of the incidental civil application.
What did the court decide?
Permission granted to withdraw the suit unconditionally without reservation. Registry directed to return security of USD 650,000 plus accrued interest to defendant's P and I Club via specified bank details. Court fees to be refunded to plaintiff's advocate.