The Delhi High Court has stayed a Central government notification under the ‘Make in India’ programme under which an Indian-built ship gets commercial rights higher than an Indian flag vessel in securing Indian business. The Court said that the Merchant Shipping Act 1958 under which the notification was issued was not concerned with the place… Continue reading HC stays Centre notification on commercial rights of ships
Tag: Right of First refusal
Shipping firms seek PM’s help to stay afloat
Indian shipping companies have submitted a memorandum to the Prime Minister seeking his immediate intervention to scrap a recent notification which would force shipping companies to close down. They have said that the amended Right of First Refusal(ROF) policy equates a foreign ship taken on hire,with a ship actually owned under the Indian flag by… Continue reading Shipping firms seek PM’s help to stay afloat
