In force · As amended up to 2026-08
22. Presumption 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.
Source: India Code