Rashmi Metaliks Limited v. Owners and Parties interested in Vessel M v Aldo (Imo 1086817)
Case brief
What is this about?
Madras High Court admiralty order 18-06-2026; Application No.2181 of 2026 in C.S(COMM.DIV) No.145 of 2026; Rashmi Metaliks Limited v. Owners and Parties interested in Vessel M V ALDO (IMO.No.1086817), Maltese-flagged bulk carrier at V.O.Chidambaranar Port, Tuticorin; arrest raised upon Demand Draft dated 16.06.2026, DD.No.467460, Standard Chartered Bank, STS Pay Centre, Mumbai, representing claim amount plus interest; warrant for release issued; Demand Draft deposited as interest-bearing Fixed Deposit with Indian Bank (High Court Branch) via Registrar General, without prejudice to defendant; warrant communicable by e-mail to Port Trust Authorities; basis: Order XIV Rule 8 Madras HC O.S.Rules, Section 5 Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017, Rule 3 Madras Admiralty procedure rules; application closed; judge K. Kumaresh Babu.
What did the court decide?
Arrest of the vessel MV ALDO stands raised; Registry directed to issue warrant of release; Demand Draft dated 16.06.2026 (DD.No.467460) to be transferred to the Registrar General and placed in an interest-bearing Fixed Deposit with the Indian Bank (High Court Branch), Madras High Court Campus, Chennai, without prejudice to the respondent/defendant's rights; respondent's counsel permitted to communicate the warrant of release by e-mail to the Port Trust Authorities. Application closed.