Part of: Section 1 — 16th February, 2022 ,--Section 1 and 106, vide Notification S.O. 743(E), dated 16th February, 2022, see Gazette of India,
(c) “bareboat charter -cum-demise” is a bareboat charter where the ownership of the vessel is intended to be transferred after a specified period to the company to which it has been chartered;