Section 19(c) in The Merchant Shipping (Amendment) Act, 2002
(c)in sub- section (2), for the words beginning with the words" or furnish" and ending with the words" or secured", the words" or produce a guarantee acceptable or produce a bank guarantee in respect of the amount as in the opinion of the High Court is s tisfactory and the amount so deposited or guarantee so given" shall be substituted;
