Physical Repossession Not Required to End Demise Charter Where Contract Makes Termination Effective by Notice: Supreme Court

The Supreme Court has held that where a bareboat charterparty expressly provides for termination by notice and treats the charterer as a gratuitous bailee pending repossession, physical repossession of the vessel is not necessary to bring the demise charter to an end. A Bench of Chief Justice of India Surya Kant, Justice Joymalya Bagchi and

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