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WebSample Clauses. Liability of the Bank. Neither Bank nor any of its officers or directors shall be liable or responsible for: (i) the use which may be made of the Letter of Credit or for … Web13. okt 2024. · Yes, banks are liable for the acts of his servants. Section 238, Indian Contract Act, provides that misrepresentation made or frauds committed by agents acting in the course of their business for their principals, have the same effect on agreement made by such agents as if such misrepresentation or frauds had been made or committed by the ... titanium chef baker xl white kvl65001wh
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