MESSRS NATIONAL INSURANCE CORPORATION versus MESSRS BLUE OCEAN LINES SA. TAIWAN
The Special Relief Act of 1877 was insured for the receipt of the goods shipped by Section 10 and the security required to release the goods delivery claimant was required, but, it was not found satisfactory, the importer. The one who was in a hurry to deliver the goods also provided cash security. Despite being fully aware of the local exporter's agent afterwards, it was found that the cash security offered by the importer was overpriced and the exporter had no right to maintain the security of the money. The same local agent is not entitled to retain the said amount. , The settlement amount was settled with cost and interest
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