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In force

The Warehousing Corporations Act, 1962

44 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. V — MISCELLANEOUS
  3. 1Ins. by Act 42 of 1976, s. 9 (w.e.f. 24-3-1976)
  4. I — PRELIMINARY
  5. 2Definitions
  6. 2AConstruction of references to any law not in force or any functionary not in existence in any State
  7. II — THE CENTRAL WAREHOUSING CORPORATION
  8. 3The word "and the Vice-Chairman" omitted by Act 45 of 2005, s. 4 (w.e.f. 15-11-2005)
  9. 4Section 4
  10. 5Section 5
  11. 6Section 6
  12. 7Section 7
  13. 8Disqualification for office of Director of the Central Warehousing Corporation
  14. 9Removal of directors from office
  15. 10Appointment of officers, etc., and their conditions of service
  16. 11Functions of Central Warehousing Corporation
  17. 12Executive Committee
  18. 13Meetings of the Corporation
  19. 14Grants and loans by the Central Government
  20. 15Corporation to maintain two funds
  21. 16Warehousing Fund
  22. 17General Fund
  23. III — STATE WAREHOUSING CORPORATIONS
  24. 18State Warehousing Corporations
  25. 19Share capital and shareholders
  26. 20Management of a State Warehousing Corporation
  27. 21Disqualification for office of director of the corporation
  28. 22Removal of directors from office
  29. 23Appointment of officers, etc., and their conditions of service
  30. 24Functions of the State Warehousing Corporation
  31. 25Executive Committee
  32. IV — FINANCE, ACCOUNTS AND AUDIT
  33. 26Submission of programme of activities and financial estimates
  34. 27Borrowing powers of Warehousing Corporation
  35. 28Deposit account
  36. 29Investment of funds
  37. 30Disposal of profits
  38. 31Accounts and audit of Warehousing Corporation
  39. 31AReturns and reports
  40. V — MISCELLANEOUS
  41. 32Vacancies, etc., not to invalidate acts and proceedings of Warehousing Corporations
  42. 34Voting rights of shareholders
  43. 35Disputes between Central Warehousing Corporation and State Warehousing Corporation
  44. 36Declaration of fidelity and secrecy
  45. 37Indemnity of directors
  46. 39Provisions relating to income-tax and super-tax
  47. 40Winding up of Warehousing Corporations
  48. 41Power to make rules
  49. 42Power of Warehousing Corporations to make regulations
  50. 43Repeal and savings