M/S JAISU SHIPPING COMPANY PVT. LTD. vs M.V. ASEAN JADE . — C.A. No. 840/2004

Case Summary: CA 840/2004 Outcome: The Supreme Court dismissed the appeal for non-prosecution on 24 April 2014. The Court ordered the remaining deposited amount to be released to Respondent No.1's Power of Attorney holder (Mr. A.M. Krishnan) along with accrued interest. Key Facts: The appeal, pending since 2003, arose from an admiralty suit regarding vessel M.V. Asean Jade's detention. Lower courts had awarded Rs. 13.5 lakh compensation to respondents. The appellant deposited the amount with the Court but subsequently lost interest, with counsel discharging himself in February 2013 due to lack of instructions from the appellant. This case analysis is maintained by casestatus.in based on publicly available court records.