25 October 2009
Parties : A : Original Buyer ( From Maxico) B : Manufacturer ( In Nepal) C : Intermediate Buyer ( In India)
Facts :- "B" has received order of 50K Garments from "C" with condition to dispatch the material to "A" at Maxico. Now "B" is asking for LC in USD as the shipment is being sent to Maxico. Can "C" open the LC in USD on "B"?
CAclubindia
