Zigma International v. Surendra Overseas (Panama) Inc. And 3 ORS

24-CARBPL104-17.DOC ATUL

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMM ARBITRATION PETITION (L) NO. 104 OF 2017 Zigma International

...Petitioner

Versus

Surendra Overseas (Panama) Inc & Ors

...Respondents

Mr Ashwin Shankar, with Bimal Rajsekhar, for the Petitioner. Mr Prashant Pratap, Senior Advocate, i/b .Bose & Mitra & Co, for Respondent No.1 Mr Shyam Kapadia, i/b BRUS Chambers, for Respondent No. 2. CORAM: G.S. PATEL, J DATED:

20th March 2017 PC:- 1.

After some hearing Mr Shankar for the Petitioner seeks leave to withdraw the Petition with liberty to file fresh proceedings against Respondent No. 1, if maintainable and permissible in law and if there is a cause of action. He also states that as regards his cargo on board vessel ABJ Jai which is presently at Chittagong, Bangladesh, the Petitioners will make appropriate application to the court in Bangaladesh for release of their cargo from any claim or lien sought to be exercised by any of the Respondents.

20th March 2017

24-CARBPL104-17.DOC 2.

The Petition is dismissed as withdrawn with these observations. No order as to costs.

(G. S. PATEL, J.) 20th March 2017