The PUNJAB WAREHOUSES ACT, 1957
punjab · 1958
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Section 1 lists various agricultural products and fertilizers to be included in the Punjab Warehouses Act's schedule.
- S. 2Section 2 defines key terms used in the Punjab Warehouses Act, 1957, including "Cooperative Society," "depositor," "goods," "Government," "licensed warehouse," "person," "receipt," "warehouse," and "warehouseman."
- S. 3Section 3 mandates that only licensed warehousemen under the Punjab Warehouses Act can operate.
- S. 4(1) Every application for a licence under section 3 shall be made in the prescribed form to the prescribed Authority
- S. 5Section 5 outlines conditions for granting warehouse licenses in Punjab, including suitability of the warehouse, financial soundness of the applicant, and payment of fees and security.
- S. 6Section 6 outlines the validity, renewal, and conditions for warehouse licenses under the Punjab Warehouses Act, 1957.
- S. 7Section 7 mandates that the authority must provide written reasons and notify the applicant if a warehouse license is refused or not renewed.
- S. 8Section 8 allows the suspension, cancellation, or revocation of warehouse licenses for various reasons including insolvency, loss of control, or non-compliance.
- S. 9Section 9 requires the authority to notify warehousemen before suspending, revoking, or canceling their licenses, and consider their explanations before making a decision.
- S. 10Section 10 mandates warehouseman to stop operations and return license upon its expiration or cancellation, with time to wind up or authority to acquire business.
- S. 11Section 11 allows issuance of a duplicate warehouseman's license upon application and fee when original is lost or damaged.
- S. 12Section 12 mandates warehousemen to handle deposited goods with the care of a prudent person.
- S. 13Section 13 mandates warehousemen to maintain cleanliness, prevent pests, and avoid accepting goods that may damage others.
- S. 14Section mandates warehousemen to keep goods separate and identifiable, except for standardized goods stored together by weight or quantity.
- S. 15Section 15 mandates warehousemen to notify depositors if goods deteriorate, allowing them to reclaim or face sale.
- S. 16Section 16 mandates warehousemen to promptly deliver goods upon depositor's demand and allows partial delivery if agreed.
- S. 17Section 17 of the Punjab Warehouses Act, 1957 outlines conditions for warehouseman liability regarding weight changes and insurance of stored goods.
- S. 19Section prohibits warehousemen from discriminating among clients but allows preference and concessional rates for state co-operative societies.
- S. 20Section prohibits warehousemen from dealing in or lending money on goods deposited in their warehouse.
- S. 21A warehouseman shall maintain accounts, books, and records in such form and manner as may be prescribed
- S. 22The section allows the prescribed authority to inspect licensed warehouses to ensure compliance with the Act and its rules.
- S. 23Section 23 licenses weighers, samplers, and graders for warehouses and establishes a final arbitration board for disputes.
- S. 24Section 24 outlines the renewal, cancellation, suspension, and return procedures for licenses granted to warehouse workers.
- S. 25Section mandates warehousemen to offer weighing, sampling, and grading facilities for goods stored in their warehouses.
- S. 26The section mandates warehousemen to issue receipts with detailed particulars of deposited goods and prescribed facilities for weighing.
- S. 27Section 27 allows warehouse receipts to be transferred and entitles the holder to goods under the same terms as the original depositor.
- S. 28The section allows a warehouseman to issue a duplicate receipt for lost, destroyed, or damaged receipts upon application and fee payment.
- S. 29Section 29 allows appeals against warehouseman license decisions, with the appellate authority's decision being final.
- S. 30Section 30 states that a licensee loses compensation and fee refund rights if their license is suspended, revoked, or cancelled.
- S. 31Section 31 voids contracts inconsistent with the Punjab Warehouses Act, 1957.
- S. 32Section 32 penalizes unlicensed warehouse operations and non-compliance with the Punjab Warehouses Act, imposing up to one year imprisonment or fines.
- S. 33Section 33 allows forfeiture of warehouseman's security for failing to return goods within specified time, with proceeds used to cover depositor's damages.
- S. 34(1)The Government may, by notification, make rules to carry out the purposes of this Act