IN THE HIGH COURT OF BOMBAY AT GOA MISC.CIVIL APPLICATION NO. 392 OF 2008 IN ADMIRALTY SUIT NO. 1 OF 2008 S K S LOGISTIC LIMITED REP. BY ASSISTANT MANAGER MANISH KUMAR ... Applicant Versus MADGAVKAR SALVAGE REPR BY PARTNERS ... Respondent Mr. Vivek Rodrigues, Advocate for the Applicant. Mr. A. D. Bhobe, Advocate for the Respondent. Coram:- R.M.S. KHANDEPARKAR, J. Date:- 21st May, 2008 P.C.: Heard the Advocate for the Applicant (original defendant) and the Advocate for the Respondent (original plaintiff). Considering the facts and circumstances of the case, the application for release of the ship M.V. VISHAL LAKSHMI is hereby allowed subject to furnishing Bank Guarantee of any Nationalized Bank in the sum of Rs. 26 lacs in favour of the Registrar of the High Court of Bombay at Goa. Needless to say that the Bank Guarantee should be kept alive and enforceable till the disposal of the Admiralty Suit No. 1/2008 or any further order that may be passed during the pendency of the said suit in this regard. Application stands disposed of. Expedite authenticated copy. R.M.S. KHANDEPARKAR, J. NH