Warehousing (Development and Regulation) Act,2007 : Negotiation of warehouse receipt by delivery. Indian

Warehousing (Development and Regulation) Act,2007,2007

Act No : 37

Section : Negotiation of warehouse receipt by delivery.

13. Negotiation of warehouse receipt by delivery. - 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.