The Bills of Lading Bill, 2024
On 10th March 2025, the Lok Sabha passed the Bills of Lading Bill, 2025, replacing the colonial-era Indian Bills of Lading Act, 1856, to modernize India’s maritime trade laws and align them with global standards.
Key Points
- Simplified Language & Structure: Reorganizes provisions without altering their substance, making the law more accessible.
- Increased Government Oversight: Empowers the Central Government to issue directions to facilitate implementation and enforcement.
- Repeal of Colonial Legacy: Eliminates archaic provisions, bringing India’s maritime trade laws in line with international best practices.
- Enhanced Business Environment: Streamlines shipping processes, reducing litigation risks and making transactions smoother for carriers and ....
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