Bill of Lading Revised_Study
-
Upload
pavithran-thegaraj -
Category
Documents
-
view
226 -
download
0
Transcript of Bill of Lading Revised_Study
-
7/26/2019 Bill of Lading Revised_Study
1/19
Bill Of Lading
S.L.Ganapathi
-
7/26/2019 Bill of Lading Revised_Study
2/19
What is a Bill Of Lading
bill of ladingis a document issued by a carrier, e.g. aship's master or by a company's shipping department,acknoledging that specified goods ha!e been recei!edon board as cargo for con!eyance to a named place for
deli!ery to the consignee ho is usually identified. "throughbill of lading in!ol!es the use of at least todifferent modes of transport from road, rail, air, and sea.#he term deri!es from the noun $bill$, a schedule ofcosts for ser!ices supplied or to be supplied, and from
the !erb $to lade$ hich means to load a cargo onto aship or other form of transport.
-
7/26/2019 Bill of Lading Revised_Study
3/19
%urpose
"cknoledgment of &eceipt of Goods
ontract of arriage
#itle of onership
-
7/26/2019 Bill of Lading Revised_Study
4/19
-
7/26/2019 Bill of Lading Revised_Study
5/19
#ypes
Ocean Bill Of Lading
(ultimodal or #hrough Bill of Lading
Line Bill of Lading )orarder*s+-O Bill Of Lading
Sea Way Bill
)orarders argo &eceipt
-
7/26/2019 Bill of Lading Revised_Study
6/19
Other #ypes
&ecei!ed )or Shipment
Shipped On Board
lean or ualified Original or on negotiable Bill of Ladings
Straight or order or bearer Bill of Ladings
-
7/26/2019 Bill of Lading Revised_Study
7/19
/ey otes on construction of B+L
S#0 Said to ontain
Shipper*s eight, stoed and count
%repaid or to pay 1 freight details or as arranged
-
7/26/2019 Bill of Lading Revised_Study
8/19
onditions
2ndicated in the backside of the original
of bill of lading
3ach arrier 4uotes the conditions asgo!erned by the la of the land 1 e.g.
2ndia carriage of Goods act or (ultimodal
#ransportation of goods act 1 in the case
of 5S 1 arriage of Goods act 6789
-
7/26/2019 Bill of Lading Revised_Study
9/19
Salient )eatures
onditions pertaining to
&esponsibilities : Liabilities
otice of ;amage Limitation Of Liability 0
hiche!er higher General "!erage
-
7/26/2019 Bill of Lading Revised_Study
10/19
5se of BL in 2nternational #rade
-
7/26/2019 Bill of Lading Revised_Study
11/19
-
7/26/2019 Bill of Lading Revised_Study
12/19
" ote on
3lectronic Bills of Lading
677? 1 (2@ ommittee (aritime 2nternationalA&ules on 3lectronic Bills of Lading
677 1 #he CBoleroD 3Eperiment
@.bolero.netA1 eutral 8rd%arty
1 Standards established for #ransport : Bankingommunities
ot 5ni!ersally "ccepted (ore Work eeds to be ;one
-
7/26/2019 Bill of Lading Revised_Study
13/19
Legislation 6 1
-
7/26/2019 Bill of Lading Revised_Study
14/19
"pplicable Las in 2ndia
2ndian arriage of Goods by Sea "ct 67=
(ultimodal #ransportation of Goods "ct6778
-
7/26/2019 Bill of Lading Revised_Study
15/19
arriers Liability as per 2ndian La
Liability based on arriers negligence
3Eceptions
13rror in a!igation
1 )ire , "cts of God
1 ature of argo, %ackaging etc
-
7/26/2019 Bill of Lading Revised_Study
16/19
alculation of Loss
%ackage Limitation
-alue of onsignment at the place and
time of deli!ery
-
7/26/2019 Bill of Lading Revised_Study
17/19
Limitation of Liability
Ocean 1 99>.9> S;& per package or = S;& of/ilogram of the gross t of goods lost ordamaged
(ultimodal @&ail0#ruckA 1 .88 S;& per/ilogram
oteH Liability limits not applicable if "ct of
Omission of arrier done ith intent to causedamage recklessly ith knoledge that damageould probably result
-
7/26/2019 Bill of Lading Revised_Study
18/19
-
7/26/2019 Bill of Lading Revised_Study
19/19
#ime Limits for Lasuit
6 year for Sea #ransport
7 months for (ultimodal #ransport