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Import judgement from Supreme Court of India on granting injunction on encashment of documentary credit.
Bank guarantees and Letter of credits are absolute
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ICC News on
Uniform Customs and Practice for Documentary Credits

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Testimonials

'instantLC' is a unique software which provides comprehensive information in a format which makes accessibility of information easy through better presentation. Further, its applicability to different parties to documentary credits like exporters, importers, bankers and even students makes it an excellent package in terms of value, knowledge and as a ready reference material on your desktop. The user friendly graphical presentations, the sample document specimens and the case studies with required explanations makes the subject more interesting and is easy to understand. In my opinion 'instantLC' is the best tool for your Documentary credit know-how.

Mr. P.T Srinivasa
VP & Head-Trade Finance &
Treasury Back Office-Operations,
Development Credit Bank Ltd.

‘instantLC’ is a well laid out, sequentially  arranged and easy to navigate software. 'Everything about something in one page' and it provides users an 'All in One' solution. It has fewer links that eliminates unnecessary tours and complications. A welcome feature is the collection of Case Studies and the Check Lists which are real time savers. Great effort must have gone in, to bring out such an excellent presentation. Rather a must for the serious exporters/ importers/bankers and students as well.

Mr. V Kumaraswamy
Chief Financial Officer,
J.K Papers Ltd.

The "instantLC" package released by Paramshree Infotech Services is very useful to all those who deal with Letter of Credits. What is striking about this package is that it encompasses every important aspect of Letter of Credit, in a seamlessly smooth manner, without any complication. It is, infact, made in such a manner even a novice can master himself/herself by following the step by step approaches. This LC package is a boon to the Industry since it readily reflects, someone's vast, varied and rich experience in handling the complicated issues related to LC.
 
Besides providing "Check-lists" for Exporters and Importers with which one can be almost sure of his/her LC, it also provides a Check-list for Bankers, with whom we always face problems. Another note-worthy aspect is that apart from covering all aspects of LC, this package also covers the Incoterms, terms & conditions of Commercial Contracts, aptly so, as any lack of understanding on these areas, can lead to defeating the purpose of LC for which it is established.

Our Organization deals with Letter of Credit vastly, for the export of our Products, for domestic & International Projects (which has multidimensional issues) and for Imports. We find "instantLC" software package has a great utility value.

Indeed, it is a handy tool and by using "instantLC" package, one can avoid nightmares.

Mr. K. Ram Bharati
Senior Manager-Commercial,
Thermax Limited.

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