Bills of Lading Act, 2025

On July 24, 2025, the President gave assent to the Bills of Lading Act, 2025, replacing the colonial-era 1856 law. The Act aims to modernize the legal framework for maritime documents, aligning India with global international trade standards.

Key Provision	Details
Understanding Bill of Lading	A Bill of Lading is a mandatory document issued by a carrier to a shipper. It serves three core functions: receipt of goods, contract of carriage, and document of title.
Receipt of Goods	Confirms cargo receipt in specified condition.
Contract of Carriage	Details transportation terms and agreed freight charges.
Document of Title	Grants the legal right to possess goods at the destination.
Major Legislative Change	Repeal of Three Labour Laws: Trade Unions Act, 1926; Industrial Employment (Standing Orders) Act, 1946; and Industrial Disputes Act, 1947.
Continuity of Tribunals and Authorities	Even though the three Acts are repealed, tribunals and statutory authorities operating under those Acts will continue to function. They will become operational under the Industrial Relations Code.

PT Facts

Year: 2025.
Sector: Maritime trade and shipping documentation.
Purpose: Modernises legal treatment of bills of lading.
Trade Link: Supports smoother cargo ownership and transfer documentation.
Reform Link: Part of wider maritime-sector modernisation.

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