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Lok Sabha Clears Bills of Lading Bill Following Heated Debate
Hindustan Times Gurugram
|March 11, 2025
The Lok Sabha on Monday passed The Bills of Lading Bill, 2024 aimed at modernising India's legal framework for the issuance of bills of lading.
NEW DELHI:
A bill of lading is a document issued by a freight carrier to a shipper, granting rights and liabilities concerning transported goods. It contains details such as the type, quantity, condition and destination of goods being carried. The new legislation seeks to streamline legal provisions and facilitate trade operations by updating existing laws.
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