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Section 263 Investments and Securities Act Section 263 of the Investments and Securities Act 2025 is about Liability for issuance of receipts for commodities not received. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: An issuer of a warehouse receipt, its employee, agent, or servant who…
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Section 262 Investments and Securities Act Section 262 of the Investments and Securities Act 2025 is about Liability for loss or injury to commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: Except for unavoidable damages, reasonable wear and tear, or deterioration associated with the nature…
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Section 261 Investments and Securities Act Section 261 of the Investments and Securities Act 2025 is about Liability for wrongful description of commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: Except as otherwise provided in this Act or rules and regulation made under it, an…
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Section 260 Investments and Securities Act Section 260 of the Investments and Securities Act 2025 is about Liability for wrongful delivery of commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse operator shall not deliver the commodities if, prior to delivery, he receives…
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Section 259 Investments and Securities Act Section 259 of the Investments and Securities Act 2025 is about Rights derived from negotiation. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A warehouse receipt holder shall acquire after negotiation as provided under this Act —(a) title to…
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Section 258 Investments and Securities Act Section 258 of the Investments and Securities Act 2025 is about Rights of purchasers of altered receipts. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A purchaser of an altered warehouse receipt for value without notice of the alteration…
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Section 257 Investments and Securities Act Section 257 of the Investments and Securities Act 2025 is about Altered warehouse receipts. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not alter a warehouse receipt in a manner that conveys a false information or…
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Section 256 Investments and Securities Act Section 256 of the Investments and Securities Act 2025 is about Delivery of commodities in parts. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Except as otherwise provided in this Act, where a warehouse operator delivers part of the…
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Section 255 Investments and Securities Act Section 255 of the Investments and Securities Act 2025 is about Cancellation of warehouse receipt after the delivery of commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Except as otherwise provided in this Act or rules and regulations…
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Section 254 Investments and Securities Act Section 254 of the Investments and Securities Act 2025 is about Loss of right of lien. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: A warehouse operator shall lose the right to the lien on the commodities by —(a) surrendering…