Rashmi Metaliks Limited v. Owners And Parties Interested In Vessel M V Aldo (Imo 1086817)

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18-06-2026

CORAM

THE HON'BLE MR.JUSTICE K.KUMARESH BABU Application No.2181 of 2026 in C.S(COMM.DIV) No.145 of 2026 Rashmi Metaliks Limited, A Company incorporated under the laws of India, Having its Registered address at Premlata Building, 6th Floor, 39 Shakespeare Sarani, Kolkata 700 017, India.

Represented by its Constituted Attorney Mr.Udayakumar Gunasekaran ..Applicant Vs Owners and Parties interested in Vessel M V ALDO (IMO.No.1086817) A foreign-flagged bulk carrier vessel flying the flag of the Republic of Malta, together with her hull, tackle, engines, gears, plant, machinery, articles, things, appurtenant, things apparel and other Paraphernalia on board, presently lying at V.O.Chidambaranar Port, Tuticorin, Tamil Nadu, within Indian territorial waters and represented by its Master.

..Respondent PRAYER : Application filed under Order XIV Rule 8 of the Madras High Court O.S.Rules r/w. Section 5 of the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017 r/w. Rule 3 of the Rules for Regulating the Procedure and Practice in Cases brought before the High Court of Judicature at Madras in the Exercise of its Admiralty Jurisdiction framed by the High Court,

to order interim arrest of the Vessel MV V ALDO, flying the flag of the Republic of Malta, having IMO No.1086817 now lying at V.O.Chidambaranar Port, Tuticorin, together with her hull, engines, gear, tackle, machinery, articles, things, bunkers, apparel, plant, furniture and all other appurtenances presently at V.O.Chidambaranar Port, Tuticorin, pending disposal of the present suit. For Applicant :

Mr.Rahul M Shankhar For Respondent :

Mr.Siddarth for Mr.P.Giridharan

O R D E R

When the matter was taken up for hearing, a Demand Draft dated 16.06.2026 bearing DD.No.467460 drawn in Standard Chartered Bank, STS Pay Centre, Mumbai had been placed before this Court and the learned counsel appearing for the applicant / plaintiff would also acknowledge that the value of the Demand Draft represents the value of the amount to be recovered along with interest.

2. In such view of the matter, the arrest of the Vessel stands raised.

3. Registry is directed to issue warrant for release of the Vessel.

4. The said Demand Draft placed before this Court shall be transferred to the Registrar General, Madras High Court, Chennai who shall place the same in

the interest bearing Fixed Deposit with the Indian Bank (High Court Branch), Madras High Court Campus, Chennai. The said deposit shall be without prejudice to the rights of the respondent / defendant in the suit. Accordingly, this Application is closed.

5. The learned counsel for the respondent / defendant is permitted to communicate the warrant of release through E-mail to the Port Trust Authorities.

18-06-2026 Index: Yes/No Speaking/Non-speaking order vji Note : Issue order copy by 18.06.2026

K.KUMARESH BABU, J.

vji Application No.2181 of 2026 in C.S(COMM.DIV) No.145 of 2026 18-06-2026