It is significant to analyse on the institutions foundation, the parties confirmation, foregoing condition, lawsuit cost, the role of the court, legaleffectiveness and so on.
In view of thr recently appearing claim for demurrage under the Bill of Lading, this paper discusses the legaleffectiveness of the Demurrage clause in the B/L and its principle to he followed.
Note: the "Certificate of deposit" is only for certifying the deposits of the client in our company, but not for warranty purposes of pledge or mortgage etc., and it has no other legaleffectiveness.