Section 71
Liability of owners.
The Merchant Shipping Act, 1958
About this Act
An Act to foster the development and ensure the efficient maintenance of an Indian mercantile marine in a manner best suited to serve the national interests and for that purpose to establish a National Shipping Board to provide for the registration, certification, safety and security of Indian ships and generally to amend and consolidate the law relating to merchant shipping.
Where any person is beneficially interested otherwise than by way of
mortgage in any ship or share in a ship registered in the name of some other person as owner, the
person so interested shall, as well as the registered owner, be subject to all the pecuniary penalties
imposed by this or any other Act on the owners of ships or shares therein, so nevertheless that
proceedings for the enforcement of any such penalties may be taken against both or either of the said
parties with or without joining the other of them.