Liverpool & London S.P. & I Asson. Ltd vs M.V. Sea Success I & Anr on 20 November, 2003
whether sufficient cause is made out for the arrest of the vessel GC has
applied the provisions of the International Convention of Arrest of
Ships, 1999. (Arrest Convention 1999). Though India is not a signatory
to the Arrest Convention 1999, the Apex Court in the matter of
Liverpool & London S.P. & I Association Limited v. M.V. Sea Success I
and another reported in (2004) 9 SCC 512 while following its earlier
decision in the matter of M.V. Elisabeth v. Harwan Investment and
Trading reported in 1993 (supp.) (2) SCC 433 observed at Paragraph 59
as under: