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Showing contexts for: missing documents in Indian Bank vs M/S Satyam Fibres (India} Pvt.Ltd on 9 August, 1996Matching Fragments
collection order received by it, it must immediately advise the party from whom it received the collection order."
Article 2, 3 as also Article 15 provide as under:-
"Article 2 Banks must verify that the documents received appear to be as listed in the collection order and must immediately advise the party from whom the collection order was received of any documents missing.
Banks have no further
obligation to examine the
documents.
Article 3
For the purpose of giving