Amendment status not verified — confirm the current text below against the official source.
If an Indian fishing boat is lost, destroyed or rendered permanently unfit for service, the owner of such fishing boat shall, with the least possible delay, report the fact to the registrar of the port or place where the fishing boat is registered and also forward to him certificate of registry in respect of the fishing boat; and thereupon the registrar shall have the registry of the fishing boat closed. Section 435P Inserted by Act 12 of 1983, Section 15 (w.e.f. 18/05/1983).