BOARD OF TRUSTEES PORT OF MUMBAI vs INDIAN OIL CORPN — C.A. No. 2085/1998
Case under Section XVI. Status: Disposed.
CNR: SCIN010009961997
Filing Date
15-Jan-1997
Registration No
C.A. No. 2085/1998
Diary Number
996/1997
Order Date
16-Apr-1998
Document Type
Judgment - of Main Case
Disposal Type
Dismissed
Last updated 29-May-2026
Acts & Sections
Petitioner(s)
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1.BOARD OF TRUSTEES PORT OF MUMBAI
Respondent(s)
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1.INDIAN OIL CORPN
Case History
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Case disposedDisposed
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16-Apr-1998
Judgment - of Main CaseView PDF
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15-Jan-1997
Case filed
Registration No. C.A. No. 2085/1998
Case Summary: Board of Trustees Port of Mumbai v. Indian Oil Corporation Decision: The Supreme Court allowed the Port Trust's appeal, holding that harbour authorities possess a paramount statutory lien over vessels under Section 64 of the Major Port Trusts Act, 1963, which supersedes all other creditor claims, including secured creditors in company winding-up proceedings. The Port Trust was entitled to sell the arrested vessel independently without court intervention or following Companies Act procedures, recover its dues from sale proceeds, and deposit any balance with the Official Liquidator. This case analysis is maintained by casestatus.in based on publicly available court records.
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