Industrial Development Bank Of India Ltd.. v. M/S. Kgn Ore Carrier, Represented Through Their Partner Mr. Abdul Karum Noor Mohammed And ANR.,

IN THE HIGH COURT OF BOMBAY AT GOA

CIVIL APPLICATION NO. 199 OF 2016 IN FIRST APPEAL NO. 95 OF 2016 INDUSTRIAL DEVELOPMENT BANK OF INDIA LTD..

... Applicant

Versus

M/S. KGN ORE CARRIER, REPRESENTED THROUGH THEIR PARTNER MR. ABDUL KARUM NOOR MOHAMMED AND ANR., ... Respondents Mr. Santosh Hari Bharne, Advocate for the applicant. Mr. Jagannath J. Mulgaonkar, Advocate for the respondent no.2. Coram:- F. M. REIS, J.

Date:- 10th February, 2017 P.C.

Heard Mr. S. Bharne, learned counsel appearing for the applicant and Mr. J. J. Mulgaonkar, learned counsel appearing for the respondent no.2.

2. It is not in dispute that the subject barge is hypothecated to the applicant herein. Hence, the attachment order by the Executing Court shall be subject to such hypothecation in favour of the applicant herein.

3. The application stands disposed of accordingly. F. M. REIS, J.

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