SHIP ARREST IN INDIA
[Anywhere in Indian territorial waters]
Dr. Shrikant Pareshnath Hathi,
Managing Partner, Brus Chambers
Handheld: +91-9769946865
Email: shrikant@bruschambers.com
More Info: Click Here
Ms. Binita Hathi,
Partner, Brus Chambers
Handheld: +91-9769946864
Email: binita@bruschambers.com
More Info: Click Here
BRUS CHAMBERS
Advocates & Solicitors
8, Rajabahadur Mansion, 3rd Floor,
Ambalal Doshi Marg, Fort, Behind BSE,
Mumbai 400001, India
Web: bruschambers.com
PROFESSIONAL FEES AND EXPENSES
For Ship Arrest or Release anywhere in India
Billing rates for ship arrest or release in India for the period April 01, 2021 until March 31, 2022 is indicated hereinbelow but disbursements may differ depending on the jurisdiction/ high court where the admiralty suit /ship needs to be arrested.
Breakdown and methodology for ship arrest work in India is as per below:
A. Professional Fees: Flat fee of USD 999
B. Institution/Court Fees: As per applicability of the High Court
C. Counsel/ Associate Fees: Depending on the level of counsel and associate expenses
D. Travelling and Other expenses: On actual (if any)
E. Launch Hire: For executing warrant of arrest on ship will depend, this rate will apply if vessel at anchorage
F. Court departmental and other expenses: On actual
G. Photocopying and other Misc Expenses: On actual
Head A above is our Professional Fees while Head B to G are Disbursements/ Third party expenses
The above computation of fees and expenses are until filing of the admiralty suit; making an application for ship arrest; appearing in court; and completion of service of the order of arrest/ warrant of arrest.
Our Professional fees after the order of arrest and/or completion of service of the order of arrest are computed separately stage wise.
We compute our fees and expenses and forward the samee with a request for accountable advance and on receipt of the advance payment we commence work.
To proceed with filing of a suit we will need a power of attorney. A format of the same shall be forwarded once appointment of our law firm is confirmed.
During this period, atleast one solicitors will be working on the given file, also when required more lawyers, para-legal, associates will be working on the file to ensure that quality service is delivered, at no extra cost. Disbursements will depend on jurisdiction where the ship is and also as to the high court where the admiralty suit is filed in India.
The computation is unto filing of the suit, making appropriate application for obtaining order of arrest of a ship and until completion of the service of the order of arrest of the ship. In the suit claim amount, a cost of approx USD 15,000 is added to the claim amount and the same is claimed from the opponent towards legal cost.
Our billing rates are computed in USD, GBP, EURO or INR only depending on the requirements of client.
We request you to prepare a detailed briefing note, synopsis date wise with all supporting documents, of the matter/ case and forward the same to us along with detailed computation of your claim amount to enable us to understand and advise you on ship arrest and take the matter ahead.
Each client has a dedicated partner (the lead partner) who will lead, co-ordinate and will be directly responsible to meet the client requirements effectively.
Ship Release
For release of a ship from order of arrest our professional charges are computed on USD 81 per hour + Disbursements on actual. We also work on stage wise lump sum fees + Disbursements on actual.
Shipping Arbitration
For Shipping arbitration work within India be it ad-hoc or institutional our charges are computed on USD 81 per hour + Disbursements on actual. We also work on stage wise lump sum fees + Disbursements on actual.
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SHIP ARREST IN INDIA
AND
ADMIRALTY LAWS OF INDIA
Authored by
Dr. Shrikant Pareshnath Hathi and Ms. Binita Hathi,
Partners, Brus Chambers, Advocates & Solicitors
Thirteenth Edition (2020)