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ARTICLE · 23 SEPTEMBER 2024

Amendments To Performance Requirements For Warehouseman

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The Ministry of Consumer Affairs, Food and Public Distribution, vide notification dated June 4, 2024, issued the Warehousing (Development and Regulation) Registration of Warehouses...

IndiaCorporate/Commercial Law
Dheeraj Nair
Dheeraj Nair
Divyam Agarwal
Divyam Agarwal
Gerald Manoharan
Gerald Manoharan
Madhurima Mukherjee
Madhurima Mukherjee
Probir Roy Chowdhury
Probir Roy Chowdhury
Sajai Singh
Sajai Singh
Shivpriya Nanda
Shivpriya Nanda
Soumitra Majumdar
Soumitra Majumdar
Tony Verghese
Tony Verghese
+2 more
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The Ministry of Consumer Affairs, Food and Public Distribution, vide notification dated June 4, 2024, issued the Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2024, amending Rule 27 of the Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017. Pursuant to the amendment, a warehouseman must issue negotiable warehouse receipts in electronic form only, in the manner as determined by the Warehousing Development and Regulatory Authority (“Authority”). The Authority may itself function as a repository or register 1 (one) or more entities as repository, for creation and management of electronic negotiable warehouse receipts.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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