LawgistThe Warehousing (Development and Regulation) Act
21Conclusiveness 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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WAREHOUSE RECEIPTS
- 11 Warehouse receipts
- 12 Negotiability of warehouse receipts
- 13 Negotiation of warehouse receipt by delivery
- 14 Transfer of negotiable warehouse receipts without endorsement
- 15 Warranties on negotiation of warehouse receipts
- 16 Non-liability of the endorser
- 17 Negotiation of warehouse receipt not impaired by fraud, mistake or duress
- 18 Subsequent negotiation of warehouse receipts
- 19 Delivery of goods to be made after due charges are paid
- 20 Transfer of non-negotiable receipts
- 21 Conclusiveness of negotiable warehouse receipt
- 22 Presumption in certain cases
- 23 Issue of duplicate receipt
