Lc treams & condition
This query is : Resolved
AKASH JHINGAN
(Querist)
28 September 2011
HI
if i write in LC a condition that "A Bill of Exchange bearing a date of issuance prior to that of the credit is acceptable" is this condition is valid or not. If yes than please give me the refference of that law clause in which it is acceptable. and how please give me your suggestion also.
thanking you
if i write in LC a condition that "A Bill of Exchange bearing a date of issuance prior to that of the credit is acceptable" is this condition is valid or not. If yes than please give me the refference of that law clause in which it is acceptable. and how please give me your suggestion also.
thanking you
Rajan Kapoor
(Expert)
28 September 2011
It is not valid condition.
AKASH JHINGAN
(Querist)
29 September 2011
so sir what is the valid condition. sir please tell me which book or site clear me about thses problem.
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