Syndicate Bank — Undue Delay in giving Acceptance for bills under LC

Address:

Sunflag Iron and Steel Co. Ltd., 33 Mount Road, Sadar, Nagpur - 440001

Bills under Lc No. SYNDICATE BANK LC NO. 154IOUU[protected]
DT. 08/09/2020 Applicant - Karamtara Engineering Pvt. Ltd.705Morya Landmark, New Link Road, Andheri- Bills drawn under the said Lc has been delivered to the LC Opening banks SYNB0005063 Syndicate Bank, Syndicate Bank Building, No. 10 Homji Street, Fort, Mumbai on 29th December2020 and 04th January 2021 value Rs.26.89Lacs, 49.70 Lcas and 5.98 Lcas respectively . Bills are being kept unduly, by the opening bank /opener without accepting delaying the discounting activity at ICICI Bank, Ground Floor, Shree Ram Towers, Nagpur. We are not getting any response either from the Opening Bank or the Applicant.