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Union of India - Section

Section 22 in The Warehousing (Development And Regulation) Act, 2007

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.