Sekhiyo Line Ltd a Japanese based shipping company had arrested Panamanian flag vessel m.v. Indian Challenger (ex. Benefit Wisdom) by an order of the Bombay High Court on December 7, 2007 which was executed at wee hours on December 8, 2007 just before she was about to leave Tuticorin port was released by the vacation judge the Hon’ble Dr. D.Y. Chandrachud on December 29, 2007 on an application made by Shrikant Hathi appearing with Suhail Farooqui instructed by LEX Nexus, Solicitors for Sekhiyo Line Ltd and V. Subramaniam appearing for the vessel, in view of security provided by Protection & Indemnity club at Singapore.

The facts and circumstances that led to arrest of the vessel was that a Time Charterparty agreement dated March 16, 2005 Sekhiyo Line Ltd had taken on hire from Benefit Transport S.A., Taiwan the registered owner of the vessel a single deck bulk carrier motor vessel named m.v. INDIAN CHALLENGER (ex. BENEFIT WISDOM). The vessel was delivered to the Plaintiff on April 30, 2005. This vessel was thereafter sub-chartered. Benefit Transport, the registered owner of the vessel committed a breach of the said Charterparty by abruptly withdrawing the vessel from hire without giving reasons of withdrawal of the vessel. Due to the wrongful withdrawal, of the Defendant vessel the sub-charters got affected and claims have been arisen for the losses and damages suffered.

In view of the security provided, the dispute will be resolved by arbitration at Singapore.

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LEX Nexus is a specialised project law firm accepting work from all overseas and domestic corporates, government bodies etc and all those seeking assistance from our law firm including acceptance of work from overseas law firm,advising financial institutions, commercial enterprises, and state and regulatory bodies on complex and critical legal issues.

With multi-jurisdiction offices, associate law firms and lawyers in the Asia Pacific, EMEA (Europe, Middle East and Africa) and America, we offer in-depth local knowledge and a uniquely global perspective. LEX Nexus lawyers advise internationally and domestically.

The firmaim is to provide consistently high quality advice understanding of the commercial environment in whichclients operate. LEX Nexus offers in-depth local knowledge and a uniquely global perspective.

The firm is structured for project related transactional work including dispute resolution. Each area comprises industry-focused teams dedicated to delivering incisive advice.

The Firm's domestic and international clients range from privately owned to publicly listed companies, including Fortune 500 entities.

LEX Nexus is a law firm with eight partners, the firm also has associates and support staffs. The firm aims to provide clear; concise and practical advice based on in-depth knowledge of the legal, regulatory and commercial environment within which our clients operate and with a full understanding of their overall business objectives.

Given a rich human resource base, the firm has the ability to assemble dedicated teams of professionals with the requisite expertise to meet client requirements and handle complex and large transactions.

Each client has a dedicated partner who leads, coordinates, and is directly responsible to meet client requirements efficiently. The ability to respond to client requirements and to render the highest level of services is fundamental to the approach of the firm towards its clients.

The new era of globalisation, where the work force is as intermingled as modern culture, it is the objective of LEX Nexus to provide clients with the latest and the most appropriate strategies using analytical tools and management science, encompassing when required legal minds practicing in various jurisdiction, to serve the profession and further legal issues.

LEX Nexus, organised and registered law firm including registration with the Bombay High Court as Advocates & Solicitors and with the Bombay Incorporated Law Society as Solicitors. All partners are registered on the rolls of their respective Bar Councils to practice law while some partners are advocates on record on the rolls of the Supreme Court of India.