The Warehousing (Development and Regulation) Act

Warehouse receipts

Negotiability of warehouse receipts

Negotiation of warehouse receipt by delivery

Transfer of negotiable warehouse receipts without endorsement

Warranties on negotiation of warehouse receipts

Non-liability of the endorser

Negotiation of warehouse receipt not impaired by fraud, mistake or duress

Subsequent negotiation of warehouse receipts

Delivery of goods to be made after due charges are paid

Transfer of non-negotiable receipts

Conclusiveness of negotiable warehouse receipt

Presumption in certain cases

Issue of duplicate receipt


WAREHOUSE RECEIPTS


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.

LAWGIST

# 21 Conclusiveness of negotiable warehouse receipt