Export insurance claim dismissed over delayed declarations, premium

Quick Summary:

Advance premium had to be deposited to secure coverage under Section 64VB of the Insurance Act.

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The company entered into a contract with Shyam Overseas in the Republic of Guinea to supply biscuits, salt, and rice.

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Article Details

Category: BusinessFinance

Markets: IndiaGuinea

Topics: Shipment Comprehensive Risk Insurance Act Export Council Guarantee Corporation BS opinion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 22:41:44 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Readers: 53 people read this story

Article Length: 122 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24234455

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 240 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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