Supreme Court Allows Appeal of Export Credit Guarantee Corporation in Insurance Claim Dispute — Exclusion Clause for Collecting Bank's Default Applies. The court held that the loss arose from the default of the collecting bank, BHCI, which released documents without acceptance, and thus the insurer was not liable under the Shipments Policy.
13 Mar 2019The case involves a dispute between the Export Credit Guarantee Corporation of India Ltd. (ECGC), the appellant, and M.S. Creations, the first respond...
