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of <h1>Supreme Court of India Clarifies 'Beneficial Ownership' in Admiralty Law: Charterers May Face Liability in Vessel Arrests.</h1> In a landmark decision, the Supreme Court of India examined the concept of 'beneficial ownership' within admiralty law, particularly regarding vessel arrests for maritime claims. The case involved a dispute over the vessel 'Geowave Commander,' chartered by Reflect Geophysical, which raised questions about whether the charterer could be deemed the beneficial owner for legal purposes. The Court analyzed international conventions and Indian law, concluding that beneficial ownership pertains to control and use rather than legal title. This decision clarifies that a charterer may be liable for maritime claims under specific conditions, providing guidance for future admiralty disputes in India.
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