Section 13
Negotiation of warehouse receipt by delivery.
The Warehousing (Development and Regulation) Act, 2007
About this Act
An Act to make provisions for the development and regulation of warehouses, negotiability of warehouse receipts, establishment of a Warehousing Development and Regulatory Authority and for matters connected therewith or incidental thereto.
A negotiable warehouse receipt may be
negotiated by its delivery if, by the terms of the receipt, the warehouseman undertakes to deliver the
goods to the order of a named person, and that person or a subsequent endorsee has endorsed it.