Judgment Search Results Home > Cases Phrase: warehousing development and regulation act 2007 section 10 lien of warehouseman on good Sorted by: old Court: privy council

The Official Assignee of Madras Vs. the Mercantile Bank of India Ltd.

Court : Mumbai

Reported in : (1935)37BOMLR130

..... at sea the master could not be notified ; the true explanation may be that it was a rule of the law merchant, developed in order to facilitate mercantile transactions, whereas the process of pledging goods on land was regulated by the narrower rule of the common law and the matter remained stereotyped in the form which it had taken before the importance ..... goods by the simple process of pledging the documents of title. it need not be repeated that bills of lading stand apart, nor need it be observed here that some warehousing companies have, by means of private acts, assimilated their warrants or delivery orders to bills of lading for this purpose.11. it has been strenuously contended on behalf of the .....

Official Assignee, Madras Vs. Mercantile Bank of India, Ltd.

Court : Privy Council

..... at sea the master could not be notified; the true explanation may be that it was a rule of the law merchant, developed in order to facilitate mercantile transactions, whereas the process of pledging goods on land was regulated by the narrower rule of the common law and the matter remained stereotyped in the form which it had taken before the importance ..... goods by the simple process of pledging the documents of title. it need not be repeated that bills of lading stand apart, nor need it be observed here that some warehousing companies have, by means of private acts, assimilated their warrants to delivery orders to bills of lading for this purpose. it has been strenuously contended on behalf of the appellant .....