Spence and Co., v. Owners and Persons Interested
Case brief
What is this about?
SUIT CLOSED - NOTHING SURVIVES: Madras High Court Original Side suit C.S.No.387 of 2011 (Spence and Co v. owners/persons interested in vessel M.V. BOS ANGLER, Port of Tuticorin, represented through her Master) closed on 04.12.2025 by N. Anand Venkatesh J after plaintiff's counsel (P. Giridharan) submitted that nothing survived in the suit due to a subsequent development; no costs. Background prayers: arrest and sale of the vessel with equipment; claim of Rs.68,76,267 (with Rs.1,49,484.07) at 18% per annum interest; foreign-currency payment conditional on permission under the Foreign Exchange Management Act, 1999; plaint under Order 42, Rule 2 and 3 of the Madras High Court Original Side Rules.
What did the court decide?
Nothing survives in the suit in view of the subsequent development that took place, as submitted by the learned counsel for the plaintiff, and the Court recorded the same.