Central Act
14
Section 14. Transfer of negotiable warehouse receipts without endorsement.
The Warehousing (Development and Regulation) Act, 2007
In forceAll India (Central Act)
14. Transfer of negotiable warehouse receipts without endorsement. Where a negotiable receipt is transferred for valuable consideration by delivery, and the endorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor to compel him to endorse the receipt, unless a contrary intention appears, and the negotiation takes effect as of the time when endorsement is made.