Marine Insurance

INSTITUTE MALICIOUS DAMAGE CLAUSE (01/08/1983) In consideration of an additional premium it is hereby agreed that the exclusion ‘deliberate damage to or deliberate destruction of the subject – matter insured or nay part thereof by the wrongful act of any person or persons” is deemed to be deleted and further that this insurance covers loss […]

Different types of records are made continuously and some of the records are broken without much efforts; however, some of the records are created with an intention that its name should be listed in Guineas insurance-education of World Records or at least in the Limca insurance-education. However, some of the activities of Personnel, Organizations or […]

Issue of multimodal transport document 7. 1. Where the consignor and the multimodal transport operator have entered into a contract of the multimodal transportation and the multimodal transport operator has taken charge of the goods, he shall, at the option of the consignor, issue a negotiable or non – negotiable multimodal transport document. 2. The […]

No person to carry on business without registration 3. No person can carry on or commence the business of multimodal transportation unless he is registered under Act. Provided that a person carrying on the business of multimodal transportation immediately before the commencement of this Act, may continue to do far period of three months from […]

Short title extent and commencement 1. a. This act is to be called the Multimodal Transportation of Goods Act, 1993. b. It extends to the whole of India except the State of Jammu and Kashmir. c. It will be deemed to have come into force on the 16th Day of Oct’1992. Definitions 2. In this […]

Transportation of international trade merchandise has traditionally been carried the intermodal way, utilizing different modes of transport such as road transport, railways, inland waterways and shipping, and in the resulting transport chain, exporters and importers, have to deal with many different carriers, each having its own liabilities for the clearly demarcated part of shipment. Though […]

OPINION FROM LLYOD’S HANDBOOK ON COAL AND COKE COAL All classes of coal are liable to spontaneous combustion, the softer types to a greater extent than others, and therefore adequate ventilation of holds is essential to minimize this risk. If damaged by heating or combustion, the damaged portion should be separated as soon as possible […]

COAL IMPORTS IN INDIA Coal has been recognized as the most important source of energy for electricity generation in India. About 70% of Coal in the country is consumed in the power sector. In addition, other industries like steel, cement, fertilizers, chemicals, paper and thousand of medium and small scale industries are also dependent on […]