FORTIS BANK SA/NV AND ANOTHER v INDIAN OVERSEAS BANK
[2010] 2 Lloyd's Rep. 641
QUEEN’S BENCH DIVISION (COMMERCIAL COURT)
Before Mr Justice Hamblen
Banking — Letters of credit — Issuing bank refusing to pay under letters of credit — Whether documents complied with contract — Whether issuing bank precluded from relying on discrepancies — Whether issuing bank failed to return documents with reasonable promptness — UCP 600, article 16(c) and (f).