https://www.taxtmi.com/caselaws?id=303459 Under the Indian Carriage of Goods by Sea Act, 1925, read with Article III, Rule 3, the carrier's agent must issue a bill of lading on the shipper's demand after receiving the goods into charge and should not defer issuance because of later instructions or a demand for bank guarantees, unless the claimant is not the shipper. Liability for damages depends on actual loss caused by the delay. Where the bills of lading were demanded before expiry of the letter of credit and issued only after expiry, the delay prevented negotiation of the credit and attracted liability. Where the request was made only after the credit had already expired and the cargo had been delivered, no actionable loss arose and no liability followed. en-us Thu, 13 Oct 2011 00:00:00 +0530 Fri, 21 Feb 2025 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303459 Under the Indian Carriage of Goods by Sea Act, 1925, read with Article III, Rule 3, the carrier's agent must issue a bill of lading on the shipper's demand after receiving the goods into charge and should not defer issuance because of later instructions or a demand for bank guarantees, unless the claimant is not the shipper. Liability for damages depends on actual loss caused by the delay. Where the bills of lading were demanded before expiry of the letter of credit and issued only after expiry, the delay prevented negotiation of the credit and attracted liability. Where the request was made only after the credit had already expired and the cargo had been delivered, no actionable loss arose and no liability followed. Case-Laws Indian Laws Thu, 13 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303459