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India modernises bill of lading law to align with global trade standards

Summary by Trade Finance Global
The Indian government has passed a key amendment modernising the 1856 Indian Bills of Lading Act, marking a significant step in aligning the country’s maritime legislation with international trade practices. The amendment, introduced on 9 August 2024 and passed on 10 March 2025, strengthens two crucial aspects: it clarifies that all contractual rights contained within a bill of lading are automatically transferred to the consignee or lawful endo…
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India modernises bill of lading law to align with global trade standards

The Indian government has passed a key amendment modernising the 1856 Indian Bills of Lading Act, marking a significant step in aligning the country’s maritime legislation with international trade practices. The amendment, introduced on 9 August 2024 and passed on 10 March 2025, strengthens two crucial aspects: it clarifies that all contractual rights contained within a bill of lading are automatically transferred to the consignee or lawful endo…

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Trade Finance Global broke the news in on Monday, March 17, 2025.
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