Question
Which of the following is NOT a direct party to a Letter
of Credit (LC)?Solution
The main parties to a Letter of Credit are: • Applicant (Importer) • Issuing Bank • Beneficiary (Exporter) • Advising or Confirming Bank Insurance companies are not direct parties, though they may provide cargo or credit insurance separately.
Criminal Conspiracy as per IPC means_________________
Any condition imposed by a Magistrate when releasing any person on bail
As per Section 7 of the Special Marriage Act, objection to marriage has to be filed within how many days?
What is the minimum number of persons required for constituting criminal conspiracy?
The term “Lok Adalat” refers to___________
Under the Insolvency and Bankruptcy Code, within how many days must an operational creditor deliver a notice or invoice demanding payment to the corpora...
Banking company incorporated in India is required to create a reserve fund __________________ transfer to the reserve fund a sum equivalent to not less...
As per the Negotiable Instruments Act inland instrument means___________
Under the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, evaluate the procedural validity of a judicial confession recorded under Section 183 in the ...
Under Section 34(2)(b) of the Arbitration and Conciliation Act, 1996, a court may set aside an award on its own motion if:
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