Petromarine Products Ltd vs Ocean Marine Services Co. Ltd. and Anr

The Supreme Court addressed the jurisdictional conflict between the High Courts of Madras and Bombay regarding the sale proceeds of the vessel M.V. Eleni. The Court held that the Madras High Court had the authority to confirm the sale despite the ex-parte decree from the Bombay High Court, emphasizing the principles of Admiralty Jurisdiction and the necessity for proper notice under Order 21 Rule 52 of the CPC. The appeal was dismissed, upholding the Madras High Court's orders regarding the sale and disbursement of proceeds.