K.P. SOMAN vs BD.OF TRUSTEES OF PORT OF MORMUGAO — C.A. No. 3308/1999

Case Summary: K.P. Soman v. Board of Trustees of Port of Mormugao Outcome: The Supreme Court dismissed K.P. Soman's appeal with no order as to costs. The Court upheld the High Court's decision that his salvage recovery suit was barred by limitation under Section 120 of the Major Port Trusts Act, 1963, which prescribes a six-month limitation period. The Court held that the cause of action accrued on 9.5.1988 when the Port Authority cancelled the wreck-removal agreement and encashed the bank guarantee, making the suit filed on 5.7.1990 clearly time-barred. No further directions were issued; the appeal was dismissed in finality. This case analysis is maintained by casestatus.in based on publicly available court records.