TRANSWORLD SHIPPING LINES LIMITED — Others, 02-05-2025: Action(s) taken or orders passed

Transworld Shipping Lines Limited’s vessel SSL Sabarimalai has been cleared to sail following the withdrawal of a legal plea to arrest it over an unpaid ship repair invoice of INR 15.79 lakh. The delayed payment was due to the invoice being sent to a dormant company email. The court's decision removes the operational blockage, enabling the company to continue its shipping activities smoothly and reducing potential disruptions for shareholders.