Question
What is C in UCP in terms of guidelines for issuance of
Letter of CreditSolution
UCP is the short form of Uniform Customs and Practice for Documentary Credits. UCP is the set of international rules that govern the letter of credit transactions throughout the world. First international letter of credit rules published nearly 80 years ago in year 1933. Since then letter of credit rules have been revised regularly by ICC (International Chamber of Commerce). 1933 – Uniform Customs and Practice for Commercial Documentary Credits 1951 Revision – Uniform Customs and Practice for Commercial Documentary Credits 1962 Revision – Uniform Customs and Practice for Documentary Credits 1974 Revision – Uniform Customs and Practice for Documentary Credits 1983 Revision – Uniform Customs and Practice for Documentary Credits (UCP 400) 1993 Revision – Uniform Customs and Practice for Documentary Credits (UCP 500) 2007 Revision – Uniform Customs and Practice for Documentary Credits (UCP 600)
As per section 6 of the National Investigating Agency Act __________________ shall have the jurisdiction with respect to a Scheduled Offence if it has b...
Under Section 29 of Coal Mines Nationalisation Act 1973, every contract entered into by the owner sale or supply in force immediately before the appoint...
First information report is registered under which section of CrPC?
For the enforcement of Fundamental Rights, the Supreme Court may issue a/an__________________ as per the Constitutional provisions
What is dacoity?
Contract for sale as under s. 54 of the TP Act, 1882 provides for_______.
Which jurisprudential theory argues that law should reflect the social realities and needs of the society and emphasizes the role of law as a tool for s...
The boundaries of administrative law extend only when administrative agencies exercise or perform:
If a Money Bill' is passed by Lok Sabha and transmitted to Rajya Sabha and the Rajya Sabha do not return the Money Bill within______it will be deemed to...
It was held by the Court in the case of ________ “it is not for litigant to dictate to the Court as to how the proceedings should be conducted, it is ...
Relevant for Exams:
