/ 1 / IN THE HIGH COURT OF JUDICATURE AT BOMBAY ADMIRALTY & VICE ADMIRALTY JURISDICTION ADMIRALTY SUIT (L) NO.19 OF 2007 Ispat Industries Limited ...Plaintiffs vs. m.v. “MIPO BONANZA” & Anr. ...Defendants --- Mr. V.K. Ramabhadran for Plaintiffs ---- CORAM: V.M. KANADE J. DATED 11TH AUGUST, 2008 P.C. 1. The learned Counsel for the Plaintiffs seeks permission to withdraw the said suit, with liberty to take out an arbitration proceeding against the Defendant No.2. The suit is allowed to with liberty as prayed. Refund of Court fees as per rules. 2. The learned Counsel appearing for the Plaintiffs submit that Poundage has arleady been paid to the Sheriff of Mumbai by the Defendant No.1 at the time of release of the ship. V.M. KANADE J.