Section 22 of MTGA : Section 22: Right Of Multimodal Transport Operator To Have Lien On Goods And Documents
MTGA
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Explanation using Example
Imagine a business, Oceanic Exports, that has shipped a large consignment of textiles from India to France using SpeedyCargo, a multimodal transport operator. The contract states that Oceanic Exports must pay SpeedyCargo upon delivery. However, once the goods reach France, Oceanic Exports faces financial difficulties and fails to pay SpeedyCargo the agreed amount.
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