Tuesday, September 13, 2011

Letter of Credit

Letter of Credit—A contract is concluded between the issuing bank and the seller no sooner the bank issues the credit and communicates it to the seller—Under an irrevocable credit the issuing bank gives an unequivocal and binding undertaking to the seller that it will pay against documents/bills drawn in compliance with the terms of credit.

Pay Rs.100/- and get full text of the judgment on the above stated point. Judgment will be sent to you by email only after receipt of full payment in our account.*
File Name:- SC_SEPTEMBER 2011_7
*Terms and Conditions applicable

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