10 share for each ship. Each share can be owned by one or ten people as they decide to divide a ship. But lets say there are 15 owners, one person has 50℅ ownership, he gets 5 shares. Remaining 11 people can form companies of 2,3,4 whelatever for claiming each remaining share of a ship. I hope this clarifies.
I think principal officer ( PO ) of MMDs are the registrar of ships. ( for Mumbai, Kolkata, and Chennai. ) other places the registrar is the surveyor in charge . please correct me if i am wrong.
POs for Mumbai , Kolkata and Chennai .Surveyor in charge of Mormugao and Cochin have been notified as Registrar of indian ships. At present ships can be only registered in these 5 ports.
@Aakash chauhan: I had forgotten about this comment, here is a clarification on that- Chapter XI-1 deals with Ship Identification Number (SIN), which must be permanently marked in a visible place either on the stern of the ship or on the port and starboard side along with the end transverse bulkhead of machinery space or the hold main beam, which are easily accessible.
Watched all your videos, very clarity
This videos are part that helped me to clear class 1 exams in first attempt
Thanks David, congratulations on your Class1 success, glad to be a part of it!
Great explaination
Excellent video in brief
Thanks Rajkamal! I am glad you found it useful!
excellent
Thank you Pooja!
VERY NICELY EXPLAINED
Thanks Mate, I am glad you liked it!
Great efforts have been made 😎👏👏
Thanks Tejas, I am glad you found it useful!
Bro principal officer of MMD shall be the registrar !!! And any other ports the govt will appoint registrar if the place is vacant !!!
Thank you for the Great explanation 👍
Thanks Mausmi, I am glad you like
Can government vessel register under irs
Yes
I have a query regarding section 25, whether 10 person can be owners of the vessel or 5 person on joint ownership? Can you explain this in detail?
10 share for each ship. Each share can be owned by one or ten people as they decide to divide a ship. But lets say there are 15 owners, one person has 50℅ ownership, he gets 5 shares. Remaining 11 people can form companies of 2,3,4 whelatever for claiming each remaining share of a ship. I hope this clarifies.
Could you also tell me as to how to de register a ship in India?
I am guessing you didn't find the answer in this video?
@@oralexammmdprep8110 i meant De-registration of a ship in India
very useful bro.....btw...i came across a question "how to register ships with MS act in India?what is NSB?" could u answer this pls...
I think principal officer ( PO ) of MMDs are the registrar of ships. ( for Mumbai, Kolkata, and Chennai. ) other places the registrar is the surveyor in charge . please correct me if i am wrong.
POs for Mumbai , Kolkata and Chennai .Surveyor in charge of Mormugao and Cochin have been notified as Registrar of indian ships. At present ships can be only registered in these 5 ports.
What does the term " Shall be cut in on her main beam" means?
Could you tell where did you come across this term?
@@oralexammmdprep8110 her official number and the number denoting her registered tonnage shall be cut in on her main beam.
@Aakash chauhan: I had forgotten about this comment, here is a clarification on that-
Chapter XI-1 deals with Ship Identification Number (SIN), which must be permanently
marked in a visible place either on the stern of the ship or on the port and starboard side
along with the end transverse bulkhead of machinery space or the hold main beam, which
are easily accessible.
ThankYou
You are Welcome Suchithra!