Andhra Pradesh High Court
COMS/16/2026 of OILMAR FZCO Earlier known as OILMAR DMCC Vs MV IMPERIAL VARALAXMI IMO No 9640401 on 14 September 2026
OF ANDHRA PRADESH AT AMARAVATI MAIN CASE No.C.O.M.S.No.16 of 2026 PROCEEDING SHEET Sl. No. DATE ORDER OFFICE NOTE 15.09.2026 BM, J I.A.Nos.3 of 2026 In/And C.O.M.S.No.16 of 2026 I.A.No.3 of 2026 is allowed. [Vide Separate Common Order] I.A.Nos.4 of 2026 In/And C.O.M.S.No.16 of 2026 I.A.No.4 of
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APHC010472892026
IN THE HIGH COURT OF ANDHRA PRADESH
AT AMARAVATI
TUESDAY, THE 15th DAY OF SEPTEMBER 2026
PRESENT
I.A.No. 4 of 2026
In/And
COMS.NO: 16 OF 2026
Between:
1. OILMAR FZCO Earlier known as OILMAR DMCC, Rep by Mr. Madala Srinivas, S/o Sivarama krishnaiah, aged about 55 years, R/o Lingamguntia Village, Pedakurapadu Mandal, Guntur District, Andhra Pradesh,
...Petitioner
AND
1. MV IMPERIAL VARALAXMI IMO No 9640401, A motor vessel flying the flag of Panama,along with all her hull, engines, gears, machinery,tackles, apparels, bunkers and paraphernalia, presently lying at Kakinada Port n the territorial waters of India, within the Admiralty Jurisdiction of this Hon'ble Court, C/o.Surya Shakti Overseas Inc, C/o Raffles Shipping International Pte Ltd Wilmar International, 28, Biopolis Road, Singapore 138568.
2. The Port Officer, Kakinada Port and Harbour and Kakinada Sea Ports, having office At Port Area, Kakinada - 533 001.
...Respondents
Counsel for the Petitioner: SAI SANJAY SURANENI
Counsel for the Respondents:
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THE HONOURABLE SRI JUSTICE BALAJI MEDAMALLI
In/And
COMS.NO: 16 OF 2026
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COMMON ORDER:
I.A.No.4 of 2026 is filed seeking permission of this court to withdraw the suit in COMS.No.16 of 2026, to vacate the order dated 08.09.2026 passed in I.A.No.2 of 2026, and to permit the 1st defendant vessel to sail from the 2nd defendant port.
2. It is stated in the affidavit filed in support of I.A.No.4 of 2026 that the plaintiff and the 1st defendant have amicably settled the dispute in terms of the Settlement Agreement dated 09.09.2026, pursuant to which the 1st defendant paid a sum of USD 355,000 to the plaintiff on 11.09.2026 towards full and final settlement of the claim and the legal proceedings.
3. Considering the submissions made, I.A.No.4 of 2026 is allowed. Consequently, the suit in COMS.No.16 of 2026 is dismissed as withdrawn, and the warrant of arrest issued against the 1st defendant vessel is hereby recalled. As such, the 1st defendant vessel is permitted to sail out from the admiralty jurisdiction of this Court.
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As a sequel, miscellaneous applications, pending, if any, shall stand closed. __________________________
JUSTICE BALAJI MEDAMALLI Date: 15.09.2026
Note:
Issue CC Today
(B/o)
Dvs
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THE HONOURABLE SRI JUSTICE BALAJI MEDAMALLI 25
In/And COMS.NO: 16 OF 2026 Dt: 15.09.2026 Dvs