Section 16
Non-liability of the endorser.
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.
The endorsement of a receipt does not make the endorser liable
for any failure on the part of the warehouseman or previous endorsers of the receipt to fulfil their
respective obligations.