NMS3507-10 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.3507 OF 2010 IN ADMIRALTY SUIT NO.48 OF 2010 Smit Singapore PTE. Ltd.. ..Plaintiff -versus- m.v. Khalija 3 and another. ..Defendants Mr.V.R.Dhond a/w A.S.Kamat, Sneha Madinor i/b Crawford Bayley & Company, for the Plaintiff. Mr.V.K.Ramabhadran, for the Defendant Nos.1 and 2. Sheriff of Mumbai, present in person. CORAM : S.C.DHARMADHIKARI, J. DATE : 3rd FEBRUARY 2011. P.C.: 1] This notice of motion is seeking an order of sale of defendant vessel. In terms of earlier order a report has been placed on record by M/s.AT & TS Associates. The sealed cover has been opened in the presence of the learned Counsel appearing for plaintiff and defendant. Copies of the same be furnished to parties on payment of usual charges. 2] After perusal of the report it is agreed between parties that the Reserve Price be determined at Rs.20 Crores along with its U.S.$ equivalent. NMS3507-10 2 3] Dy.Sheriff to take necessary steps and advertise the sale in newspapers which are published and have wide circulation in the State of Gujarat so also city of Mumbai so also Lloyds Publications. 4] Sale be concluded within a period of six weeks from today. It is stated by Mr.Dhond learned Counsel appearing for plaintiffs, on instructions, that the plaintiffs would cooperate with the Dy.Sheriff in settling the terms and conditions of sale within one week from today. Further, within one week thereafter, they will deposit advertisement charges. It is clarified that the sale will be subject to confirmation and approval of this Court. Stand over for Eight Weeks. (S.C.DHARMADHIKARI, J)