Section 251 Investments and Securities Act Section 251 of the Investments and Securities Act 2025 is about Obligation to deliver commodities to persons with valid titles or right. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse operator shall take all necessary precautions to…

Section 250 Investments and Securities Act Section 250 of the Investments and Securities Act 2025 is about Obligation of a warehouse operator to deliver. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Delivery of a commodity which is the subject of a warehouse receipt shall…

Section 249 Investments and Securities Act Section 249 of the Investments and Securities Act 2025 is about Negotiable warehouse receipts. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse receipt issued to the bearer or to the order of a named person shall be…

Section 248 Investments and Securities Act Section 248 of the Investments and Securities Act 2025 is about Trading in warehouse receipts. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Where a warehouse receipt is issued on commodities, it shall be traded on a commodity exchange…

Section 247 Investments and Securities Act Section 247 of the Investments and Securities Act 2025 is about Form, standardisation and contents of warehouse receipt. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse receipt shall be in the prescribed form and comply with standardisation…

Section 246 Investments and Securities Act Section 246 of the Investments and Securities Act 2025 is about Warehouse receipt as evidence of proprietary rights. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse receipt drawn and issued shall be first proof of the holder…

Section 245 Investments and Securities Act Section 245 of the Investments and Securities Act 2025 is about Issuance of warehouse receipt. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse receipt as defined in this Act shall only be issued by an entity duly…

Section 244 Investments and Securities Act Section 244 of the Investments and Securities Act 2025 is about Registration of collateral management company. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not operate a collateral management company without registration by the Commission, and…

Section 243 Investments and Securities Act Section 243 of the Investments and Securities Act 2025 is about Inspection of warehouse by the Commission. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission or its appointed agent may inspect any warehouse. (2) A person who…

Section 242 Investments and Securities Act Section 242 of the Investments and Securities Act 2025 is about Insurance of warehouse and commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: A warehouse operator shall insure its warehouse structures and facilities, as well as the commodities stored…