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2024 DAILYLAW 4447 (MAD)

GETC FZE v. OWNERSANDPARTIES INTERESTED IN THE VESSEL

C.S(COMM DIV)/249/2024 · 2026-06-22

K Kumaresh Babu

Transfer Petitionbody2024

Judgment text

Extracted from the PDF above. The PDF is authoritative.

C.S(COMM.DIV.) No.249 of 2024 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22-06-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU C.S(COMM.DIV.) No.249 of 2024 AND A.No.6480 of 2024 and A.Nos.903 & 2534 of 2025 Getc Fze, A Company Incorporated Under the Laws of United Arab Emirates, Having its Registered Address at Leased Office Building, Office No.7G-08, 7G-09, Hamriyah Building, Office No.7G08, 7G-09, Hamriyah Free Zone, Sharjah, United Arab Emirates. Represented by its Authorised Signatory, Mr.Ravi Meenakshisundaram. ..Plaintiff Vs Owners and parties interested In The Vessel Avadh (IMO No.9564358) A Foreign-flagged Vessel Flying the Flag of The Republic of Palau, together with her hull, tackle, engines, gears, plant, machinery, articles, things, appurtenant, things, appearel and other Paraphernalia on Board, Presetly lying at V.O Chindambarnar Port, Tuticorin, Tamil Nadu, within Indian Territorial Waters and Represented by its Master. ..Respondent PRAYER : Plaint filed under Order VII Rule 1 of the Code of Civil Procedure, 1908 r/w. Order VI Rule 1 of the Madras High Court O.S.Rules r/w Sections 3, 4 & 5 of the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017 and Section 7 of the Commercial Courts Act, 2015, prays for a judgment and decree against the defendant Vessel as follows: https://www.mhc.tn.gov.in/judis C.S(COMM.DIV.) No.249 of 2024 __________ Page2 of 4 a. to direct the defendant Vessel to pay to the plaintiff a sum of USD 124,710.68 (US Dollar One Hundred and Twenty Four Thousand Seven Hundred and ten and Sixty Eight Cents only), equivalent to INR 1,05,70,477.20/- (Indian Rupees One Crore Five Lakh Seventy Thousand Four Hundred and Seventy Seven and Twenty paise only) (calculated @ Rs.84.76/USD), as per the particulars of claim claimed under the Suit, along with further interest at the rate of 12% per annum on the principal sum of USD 120,000 from the date of filing the present suit till payment / realization, as per the particulars of claim; b. for arrest and sale of the defendant Vessel (IMO.9564358) in as is where is condition together with her hull, engines, gears, tackle, machinery, articles, things, bunkers, apparel, plant other appurtenances at present lying at V.O.Chidambaranar Port, Tuticorin, within territorial waters of India; and c. for costs of the suit For Plaintiff : Mr.Antony R.Julian For Respondent : Mr.S.Vasudevan J U D G M E N T The learned counsel appearing for the plaintiff seeks permission of this Court to withdraw the suit, as it has been settled out of Court and has also made an endorsement to that effect in the Court record. https://www.mhc.tn.gov.in/judis C.S(COMM.DIV.) No.249 of 2024 __________ Page3 of 4 2. Recording the said endorsement, this Suit stands dismissed as withdrawn, having been settled out of Court between the parties. No costs. Consequently, connected applications are closed. 3. Registry is directed to refund the Court fee as applicable to the respective parties through their counsel on record. 22-06-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No vji https://www.mhc.tn.gov.in/judis C.S(COMM.DIV.) No.249 of 2024 __________ Page4 of 4 K.KUMARESH BABU, J. vji C.S(COMM.DIV.) No.249 of 2024 and A.No.6480 of 2024 and A.Nos.903 & 2534 of 2025 22-06-2026 https://www.mhc.tn.gov.in/judis