Act Number: 37

Act Name: The Warehousing (Development and Regulation) Act, 2007

Year: 2007

Enactment Date: 2007-09-19

Long Title: 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.

Ministry: Ministry of Consumer Affairs, Food and Public Distribution

Department: Department of Food and Public Distribution

Section 21: Conclusiveness of negotiable warehouse receipt.
    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.
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