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The Warehousing (Development and Regulation) Act, 2007

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.

The Warehousing (Development and Regulation) Act, 2007 Back

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