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The Warehousing (Development and Regulation) Act

22Presumption in certain cases

In a dispute between an endorser of a negotiable warehouse receipt and his endorsee unless it is proved otherwise, it shall be presumed that--

(a) the endorsement has been made voluntarily;

(b) the endorsement has been made for full consideration;

(c) the endorser had full legal title in the goods represented by the receipt; and

(d) the endorsement has extinguished all the rights, title and interest of the endorser in the goods.

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