Indian Merchant Shipping Bill, 2024: A Landmark Reform to Boost Indian Shipping Industry
The Indian government is taking significant steps to transform its maritime sector through the Merchant Shipping Bill, 2024, which aims to modernize the country's shipping infrastructure and enhance its role in global maritime trade. The Bill, which seeks to replace the outdated Merchant Shipping Act, 1958, introduces several reforms to address the evolving needs of the industry, with a focus on expanding the scope of ship ownership, simplifying registration processes, and attracting investment into the sector. Defining an Indian Vessel Under the new Bill, a vessel can be considered Indian if it is owned by a range of entities. This [...]
Sister-Concern Vessel Arrest
Case analysis: Aurobindo Pharma Limited vs Nippon Yusen Kasushiki Kaisha & Ors. (Commercial Appeal (L) No. 18060 of 2023) By - Anshu Singh Rathore (Associate) and Rohan Janardhanan (Managing Partner) Issue: Whether a sister-concern Vessel be arrested under the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act (“Admiralty Law”)? Facts: The commercial appeal contests the Bombay High Court (“HC”) Order dated June 7, 2023, in Interim Application No. 540 of 2020, part of Commercial Admiralty Suit No. 14 of 2020. This Interim Application, filed by Respondent No. 1 (“original Defendant No. 2”), requested the dismissal of the suit and the [...]
An Overview of Bills of Lading Bill 2024
Case analysis: Aurobindo Pharma Limited vs Nippon Yusen Kasushiki Kaisha & Ors. (Commercial Appeal (L) No. 18060 of 2023)By - Anshu Singh Rathore (Associate) and Rohan Janardhanan (Managing Partner)Issue: Whether a sister-concern Vessel be arrested under the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act (“Admiralty Law”)? Facts:The commercial appeal contests the Bombay High Court (“HC”) Order dated June 7, 2023, in Interim Application No. 540 of 2020, part of Commercial Admiralty Suit No. 14 of 2020. This Interim Application, filed by Respondent No. 1 (“original Defendant No. 2”), requested the dismissal of the suit and the return of the [...]