# The Warehousing (Development and Regulation) Act, 2007, Section 14: Transfer of negotiable warehouse receipts without endorsement

- Act: The Warehousing (Development and Regulation) Act, 2007 (Act 37 of 2007)
- In force from: 2010-10-25
- Ministry: Ministry of Consumer Affairs, Food and Public Distribution
- Source URL: https://indiacode.ecourtsindia.com/warehousing-development-regulation-act-2007/section/14/

## Text

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.

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