Section 21
Conclusiveness of negotiable warehouse receipt.
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.
In the hands of a holder who has purchased
a negotiable warehouse receipt for valuable consideration, it shall be conclusive evidence of the goods
described in it as against the warehouseman or any person claiming through him.