Section 22
Presumption in certain cases.
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 a dispute between an endorser of a negotiable warehouse
receipt and his endorsee unless it is proved otherwise, it shall be presumed that--
(a) the endorsement has been made voluntarily;
(b) the endorsement has been made for full consideration;
(c) the endorser had full legal title in the goods represented by the receipt; and
(d) the endorsement has extinguished all the rights, title and interest of the endorser in the goods.
(a) the endorsement has been made voluntarily;
(b) the endorsement has been made for full consideration;
(c) the endorser had full legal title in the goods represented by the receipt; and
(d) the endorsement has extinguished all the rights, title and interest of the endorser in the goods.