The brief facts leading to the claim before the NCDRC are that the appellant entered into Bareboat Charter Party Agreement dated 02.10.2006 for a sea vessel known as M.V. The American Bureau of Shipping (hereinafter for short “ABS”) conducted a survey on the vessel on 29.09.2006 and 14.10.2006 and issued Class Certificate dated 19.10.2006 extending the Class Certificate until 30.06.2009. Unfortunately for the appellant, on 03.12.2006, the vessel on a voyage from Mumbai to SLQ Complex, Mumbai High South Field was struck by a Tug Boat ‘Sea Ways 9’ as a result of which the vessel sank with all cargo on board.
Case Title: HIND OFFSHORE PVT. LTD. Vs. IFFCO-TOKIO GENERAL INSURANCE CO. LTD (2023 INSC 697)
Case Number: C.A. No.-007228-007228 / 2015
