https://www.taxtmi.com/caselaws?id=288874 The application concerned directions for the Official Liquidator to take possession of the vessel MT Polaris, which was described as effectively abandoned despite a subsisting charter. The Official Liquidator did not object to taking possession, but required that the Applicant bear the expenses of taking possession and the costs of manning the vessel after possession. The Applicant accepted that condition, and possession was directed on that basis. en-us Thu, 25 Jan 2018 00:00:00 +0530 Sat, 04 Jul 2020 09:32:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288874 The application concerned directions for the Official Liquidator to take possession of the vessel MT Polaris, which was described as effectively abandoned despite a subsisting charter. The Official Liquidator did not object to taking possession, but required that the Applicant bear the expenses of taking possession and the costs of manning the vessel after possession. The Applicant accepted that condition, and possession was directed on that basis. Case-Laws Companies Law Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288874