The Warehousing (Development and Regulation) Act, 2007
Section 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.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
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