Vidhi Codex

The Karnataka Warehouses Act, 1961

The Karnataka Warehouses Act, 1961

Corporate196139 sections6 chapters

This Act amends the Karnataka Warehouses Act, 1961 to change how penalties are handled for specific offenses. It removes the possibility of simple imprisonment for a particular violation, replacing it with a monetary fine. The law applies to warehousemen who hold licenses to store goods and the people who deposit those goods. This change matters because it decriminalizes the offense, meaning individuals will not face jail time for this specific breach. Instead, they will only face a financial penalty, which is intended to reduce the burden on the legal system and encourage compliance through financial consequences rather than custodial sentences.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 1Short title, commencement and application
  2. 2Definitions

Chapter II LICENSING OF WAREHOUSES →

  1. 3Regulation of business of warehousing
  2. 4Grant of licence
  3. 5Conditions for grant of licence
  4. 6Term and renewal of licence
  5. 7Notice of refusal to grant or renew licence
  6. 8Suspension and cancellation of licence
  7. 9Notice of suspension and cancellation of licence
  8. 10Return of licence
  9. 11Duplicate licence

Chapter III DUTIES OF A WAREHOUSEMAN →

  1. 12Reasonable care of the goods deposited to be taken
  2. 13Precautions against damage or injury to goods
  3. 14Preservation of identity of goods
  4. 15Goods deteriorating in warehouse and their disposal
  5. 16Delivery of goods
  6. 17Liability of warehouseman for shortage or excess in goods stored
  7. 18Insurance of goods in a warehouse
  8. 19Discrimination prohibited
  9. 20Warehouseman not to deal in or lend against goods in warehouse
  10. 21Accounts and books to be maintained by warehouseman

Chapter IV INSPECTION AND GRADING OF GOODS →

  1. 22Inspection
  2. 23Weighers, samplers and graders to obtain licences
  3. 24Provisions regarding licences under section 23
  4. 25Facilities to be given for weighing goods, etc.

Chapter V WAREHOUSE RECEIPTS →

  1. 26Receipt to be issued.
  2. 27Receipts for deposits in warehouses.
  3. 28Duplicate receipt.

Chapter VI MISCELLANEOUS →

  1. 29Decision of appeals, disputes and complaints.
  2. 30No compensation for suspension or cancellation of licence.
  3. 31Security amount to be forfeited and recovered as arrears of land revenue.
  4. 32Contracts and agreements inconsistent with Act to be void.
  5. 32AWarehousemen and depositors to comply with the provisions of Central Act 1 of 1944.
  6. 33Penalty.
  7. 34Rules.
  8. 35Act not to apply to certain warehouses.
  9. 36Repeal and savings.

PDF: pending for this language.