Circular Letter of Credit: Format & Sample
Reference draft used in Indian courts — replace the blanks with your own case details.
............................
Date ........................
No . ..................................
Rs . ..................................
Gentlemen,
Through this letter, we introduce to you with Shri X You are required to provide such funds as Shri
X requires upto the amount of Rs ..............against sight drafts drawn on this office. You may
negotiate those drafts at your buying rate for banker's cheque on.......................and each draft
should be marked as drawn under this Letter of Credit and should be signed in accordance with
the specimen signature on the Letter of Indication of the same number.
2. This letter shall remain in force for six months after this date and we engage that drafts drawn
under this letter will be honoured if negotiated within six months from this date.
3. The amount of each draft drawn under this letter must be inscribed on the back of this letter
and this letter must be cancelled and attached to the last draft drawn under this letter.
Yours faithfully,
For..............Bank Manager
To
M/s............................
............................
............................
Reverse side of the letter of credit
______________________________________________________________________Sr.
No. Date By whom paid Amount paid Amount in
figure
______________________________________________________________________
1 .
2.
3.
4.
5.
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
Our Civil Litigation team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our civil litigation team handles drafting, filing and arguments in Kolkata courts.
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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.