1BANERJEE, J. (for Majmudar, J. and himself) - Leave granted in both the SLPs.

2By consent of learned Senior Advocates of the parties, the appeals were heard finally and are being disposed of by this common judgment.

3Assumption of admiralty jurisdiction by the Andhra Pradesh High Court and passing of an order of arrest in execution of a judgment and decree of the High Court of Justice Queen's Bench Division, Admiralty Court in London in Case No. 1994 Folio No. 1693 dated 9-11-1988, is the key issue for discussion in these appeals by the grant of special leave.

4Adverting to a brief reference to the factual aspect of the matter at this juncture it appears that an execution petition was filed before the learned Single Judge of the Andhra Pradesh High Court in terms of S.15 of the Admiralty Courts Act and S.44A read with O.21 R.10 of the Code of Civil Procedure for executing the decree issued by the High Court of Justice Queen's Bench Division (Admiralty Court) in an action by the first respondent against the second respondent herein claiming damages for repudiation of an LOF salvage contract. Needless to record that the second respondent was said to be the owners of the vessel M. V.