IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/ADMIRALTY SUIT NO. 25 of 2023 ==========================================================

UCO BANK Versus MT INDIAN FRIENDSHIP (PREVIOUSLY KNOWN AS MT PACIFIC KOHINOOR)(IMO NO 9800661)

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Appearance:

for the Defendant(s) No. 1 MR DAKSHESH MEHTA(2430) for the Plaintiff(s) No. 1 MR PRATHMESH KAMAT, ADVOCATE for MR. RUSHANG D MEHTA(6989) with MS ADITI MAHESHWARI with MS ANKITA SEN for the Plaintiff(s) No. 1 ==========================================================

CORAM:HONOURABLE MR. JUSTICE NIKHIL S. KARIEL Date : 26/08/2023

ORAL ORDER

1. Learned Advocate Mr. Rushang D. Mehta requested urgent circulation of the matter. Permission for circulation of the matter was granted for today at 9:30 pm. Accordingly, the suit is taken up for hearing for interim orders.

2. At the outset, Learned Counsel Mr. Prathamesh Kamat along with Learned Counsel Mr. Rushang D. Mehta submits that the Plaintiff Bank entered into transactions / a refinancing arrangement with MMTC which culminated in the Plaintiff holding 2 original Bills of Lading (PK-34 and PK-35) regard to 2000 MT of crude Degummed Soyabean oil edibl