Fraudulent Demand for Payment of Bank Guarantee with an Emphasis on the UNCITRAL Convention on Independent Guarantees and Letter of Credit Guarantee

Bank guarantees are one of the most effective international instruments used in commercial contracts. Without bank guarantees, it would not be possible to fulfil obligations of the parties or the parties would encounter potential risks. Bank guarantees provide the beneficiary with a certain and i...

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Bibliographic Details
Main Authors: Seyyed Raza Hashemi, Majid Sarbazian
Format: Article
Language:Persian
Published: Allameh Tabataba'i University Press 2017-04-01
Series:Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
Subjects:
Online Access:http://jplr.atu.ac.ir/article_7405_991ec24d1d3152cb4dbb76dc4bd04219.pdf