Advocate OS
Start free

In force

The Warehousing (Development and Regulation) Act, 2007

52 sections · As amended up to 2026-08

Sections

  1. I — PRELIMINARY
  2. 1Short title, extent and commencement
  3. 2Definitions
  4. II — REGULATION OF WAREHOUSING BUSINESS
  5. 3Requirement of registration for warehouses issuing negotiable warehouse receipts
  6. 4Registration of warehouses
  7. 5Registration of accreditation agencies
  8. III — WAREHOUSEMEN
  9. 6Liabilities of warehousemen
  10. 7Duties of warehousemen
  11. 8Duties of warehouseman to keep records and accounts of warehouse business
  12. 9Special powers of warehouseman to deal with perishable and hazardous goods
  13. 10Lien of warehouseman on goods
  14. IV — WAREHOUSE RECEIPTS
  15. 11Warehouse receipts
  16. 13Negotiation of warehouse receipt by delivery
  17. 14Transfer of negotiable warehouse receipts without endorsement
  18. 15Warranties on negotiation of warehouse receipt
  19. 16Non-liability of the endorser
  20. 17Negotiation of warehouse receipt not impaired by fraud, mistake or duress
  21. 18Subsequent negotiation of warehouse receipts
  22. 19Delivery of goods to be made after due charges are paid
  23. 20Transfer of non-negotiable receipts
  24. 21Conclusiveness of negotiable warehouse receipt
  25. 22Presumption in certain cases
  26. 23Issue of duplicate receipt
  27. V — THE WAREHOUSING DEVELOPMENT AND REGULATORY AUTHORITY
  28. 24Establishment and incorporation of Authority
  29. 25Composition of Authority
  30. 26Tenure of office of Chairperson and other members
  31. 27Removal from office
  32. 28Salary, allowances and other terms and conditions of Chairperson and other members
  33. 29Bar on future employment of members
  34. 31Meetings of Authority
  35. 32Vacancies, etc., not to invalidate proceedings of Authority
  36. 33Officers and employees of Authority
  37. 34Warehousing Advisory Committee
  38. VI — POWERS AND FUNCTIONS OF AUTHORITY
  39. 35Powers and functions of Authority
  40. VII — FINANCE, ACCOUNTS AND AUDIT
  41. 36Grants by Central Government
  42. 37Constitution of fund
  43. 38Accounts and audit
  44. 39Furnishing of returns, Annual Report, etc., to Central Government
  45. VIII — POWERS OF CENTRAL GOVERNMENT
  46. 40Powers of Central Government to issue directions
  47. IX — APPEALS
  48. 42Appeals to Appellate Authority
  49. X — OFFENCES AND PENALTIES
  50. 43Offences and penalties
  51. 44Offences by companies
  52. 45Cognizance of offences by courts
  53. XI — MISCELLANEOUS
  54. 46Chairperson, members, officers and other employees of Authority to be public servants
  55. 47Protection of action taken in good faith
  56. 48Delegation of powers
  57. 49Exemption from tax on wealth and income
  58. 50Power of Central Government to make rules
  59. 51Power of Authority to make regulations
  60. 52Rules and regulations to be laid before Parliament
  61. 53Act to have overriding effect
  62. 54Power to remove difficulties
  63. 55Amendment of Act 2 of 1899