One Bill Of Lading Must Be Surrendered

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dholat
Posts: 69
Joined: Sun Oct 05, 2008 10:01 pm

One Bill Of Lading Must Be Surrendered

Post by dholat » Mon Dec 01, 2008 1:06 am

Dear all,

I received a BL which shows, "One BL must be surrendered ....."

i read somewhere that such is not in with the spirit of actual use of BL. can some one tell me why?

cristiand969
Posts: 754
Joined: Tue Aug 05, 2008 1:52 pm
First Name: Cristian
Last Name: D.
Organization: Bank
Filter: Two Plus Two =: 4
Location: RO

Re: One BL must be surrendered

Post by cristiand969 » Thu Dec 04, 2008 1:52 pm

Dear Dholat,
Can you answer to a question by actually seing just a few words from that... ? I guess no.
If my assumption is correct the continuation is .. 'in exchange of the goods' which actually means that such document fulfill its function (i.e Bill of lading as a title of property should be surrendered in exchange of the goods)
Regards
Cristian

iLC
Posts: 504
Joined: Thu Jun 26, 2008 10:33 pm

Re: One BL must be surrendered

Post by iLC » Thu Dec 04, 2008 10:36 pm

i agree with cristian. besides i also think that you are talking about "carrier may release the goods without the BL...." or something like this. the line you have quote is fully is in line with the function of BL

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