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conformity with instructions given in the letter of
credit-Duties of the paying bank-Whether bound to determine
by physical ... conformed to the contract-Nature and effect of letter of
credit.
Practice-Payment made by the paying bank "under
reserve
Supreme Court of India
negotiated by the
Gorakhpur Branch under a Revolving Letter of Credit No. 20/1
dated 21st March, 1974 established ... lakhs and that the openers of the Letter of Credit,
M/s Jamuna Prasad Munni Lal Jaiswal, Deoria were unable
Supreme Court of India
form of
confirmed bank guarantee or irrevocable letter of credit
cannot be interfered with except if a case of fraud ... order to restrain the operation either of
irrevocable letter of credit or of confirmed letter of
credit or of bank
Supreme Court of India
bills of parcels, invoices, receipts and letters of credit of the company.
(2) If a company does not paint ... bill of parcels, invoice, receipt or letter of credit of the company, wherein its name is not mentioned
Central Government Act
made to the seller by irrevocable
letter of credit (L/C) covering 100% value of the contract
quantity ... Agreement.
FCI also in its turn opened a Letter of Credit for the full
value of the contract though, however
Supreme Court of India
lacs under the
Bills of Exchange or Letters of Credit and the question
whether the appellant was justified in receiving ... Bank for issue of confirmed
irrevocable Letter of Credit, Letter of General Lien
relating to immovable properties, etc. Demand Promissory
Supreme Court of India
beneficiary cannot be
restrained from encashing the
letter of credit, even if there are
disputes between the beneficiary ... refuses restraining the
beneficiary from encashing the
letter of credit or performance
guarantee or bond and the only
exceptions
Supreme Court of India
vacate
the same. The matter relates to a Letter of Credit issued by the 2nd
defendant, Bank of Maharashtra, Pune ... Bill
of Exchange for encashment against the Letter of Credit for 2 crores,
taken out by the buyers. The appellant
Supreme Court of India
Shudh
Vanaspati Ltd. made an application for opening Letter of
Credit. On 5th June, 1981 import of beef tallow ... June, 1981, the Bank refused to open Letter of
Credit as beef tallow import was allowed only through
canalised agency
Supreme Court of India
respondent
No. 1 was to establish a standby letter of credit as per
the format to be mutually agreed upon ... format and the language of the standby letter of
credit in the form issued by its bankers was not approved
Supreme Court of India
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