adms5-07 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ADMIRALTY & VICE ADMIRALTY JURISDICTION ADMIRALTY SUIT NO.5 OF 2007 Union of India & Anr. ....Plaintiffs V/s. MFV “Yash II” & Anr. ....Defendants Mr.Rahul Narichania with Mr.Firdaus N. Pavri i/b M/s.Mulla & Mulla & C.B. & C. for the Plaintiffs. None for the Defendants. CORAM : S.J. VAZIFDAR, J. DATE : 29TH SEPTEMBER, 2010. P.C. :- 1. Mr.Narichania states that the facts in this suit are identical to the facts in Admiralty Suit No.4 of 2007 except as to the amounts. By a separate order passed today in Admiralty Suit No.4 of 2007, the suit has been disposed of. 2. In the circumstances the suit is decreed in terms of prayers (a) to (d), (g) and (m). The costs to be quantified as per rules. However, the rate of interest shall be at 8% p.a. and not 18% p.a. The interest shall be compounded at 8% annually upto the date of the filing of the suit. Thereafter and till payment, the interest shall be compounded at 8% p.a. on the basis of simple interest. The vessel has already been arrested.