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MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. versus F.T. SELNES


Sections 3 (2) (c) and 6 Stamp Act (II of 1899), Schedule I, Arts 16 and 56 for the purchase of vessel capture and sale suit for collection of loan money by a foreign bank Definition of non-filing of a case within two years of payment of advance cause for financial mortgages Definition in Article 56 of Stamp Act, 1899, relating to a license or lease on a freight carrier. Has been done The protection of ships is defined in Article 16 of the Stamp Act, 1899, on money taken by the owner of the vessel so that he may be sued for the purpose of keeping the ship safe or on the nature of the ship. The on-board payment feature will not be in relation to the financing of its purchase or acquisition or repayment period as described in the Stamp Act, 1899. Such mortgage was not a claim for liability and maritime rights. Therefore, the clause 6 of the Admiralty Jurisdiction of the High Courts Ordinance 1980 shall not apply there. A claim based on a claim under section 3 (2) (c) of the Ordinance cannot be construed as a limitation because of section 6, which does not contain the provisions of section 6 of the Admiralty Jurisdiction of the Ordinance of the High Courts 1980. Are.

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