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The book reviews and analyzes the landmark judgments passed by the Supreme Court of India and the 1-ligh Courts in the country on the subject of Letters of Credit, in a manner which is easy to understand and thus reader friendly. It also elucidates the circumstances and situations which lead to disputes involving Letters of Credit. The judgments are analyzed and combined with technical and operational perspectives which provide a good understanding about the legal jurisprudence on these matters in India and equally an insight as to the methodology that is consistent with ICC rules. The book should prove to be a useful guide for the practitioners of Letters of Credit (especially the banking and the legal fraternity) as also for those interested in scholarly work in the field of International Trade.
