GENERAL TERMS AND CONDITIONS OF STORAGE

TYPE OF GOODS ACCEPTED FOR STORAGE

1. In accordance with the provision of Warehousing Corporation Act1962, the Central Warehousing Corporation
runs warehouses for the storage of agricultural produce, seeds, manures, fertilizers, agricultural implements and
notified commodities offered by individuals, cooperative societies and other institutions.

2. In pursuance of the above, following commodities are also accepted for storage:

i) Foodstuffs, including edible oil-seeds;

ii) Cattle fodder, including oil cakes and other concentrates;
iii) Raw Cotton, whether ginned or unginned and cotton seeds;
iv) Raw Jute; and
v) Vegetable oil
vi) Notified Commodities a list of which is given in Annexure-I

ACCEPTANCE OF GOODS

3. The goods are accepted at the Central Warehouses on first come first served basis. However, the reservation of
space is also made on written request from the depositors.

4. Procedure for receipt, storage handling and delivery of goods at the warehouses is prescribed in the respective
State Warehousing Acts and rules and the instructions issued by the Corporation from time to time.

5. The goods are inspected and weighed, where necessary at the time of deposit to determine their quality and
quantity. As and when goods are received in a warehouse, Warehouse Receipt is issued to the depositor. The
general terms and conditions for storage of goods at the warehouse are printed on the back of Warehouse
Receipt (Annexure-II).

6. The Warehouse Receipt is required to be presented/surrendered at the time of part/full delivery of goods. If the
depositor so desires, non-negotiable Warehouse Receipt may be issued by the Central Warehousing Corporation
for the goods deposited at the warehouse.

STORAGE CHARGES

7. The Corporation realize storage charges from the depositor of the goods for the service rendered. The storage
charges are determined, from time to time, by the Corporation.

8. The rate of storage charges for the time being, in force shall be applicable to the deposits received. The revised
rates shall be applicable from the date notified by the Corporation. In case the revised rates are not acceptable
to any depositor, he can withdraw his goods or cancel reservation and lift his stocks within one month of the
date from which revised rates come into force/notified to the depositor. In that case the pre-revised rates shall
continue to be applicable during this grace period of one month.

9. Storage charges are required to be paid in cash at the time of delivery or on accrual basis. The storage charges
realized on accrual basis shall be adjusted against the total amount due to the Corporation at the time of final
delivery of goods.

10. Storage charges are payable on monthly and weekly basis. For any part of the week, storage charges for full
week shall be paid. The storage charges, on monthly and weekly basis, in respect of stocks received and
delivered during the first month itself, will be calculated as follows:

First week 44% of the monthly tariff, rounded off to one paise.
First two week 68% of the monthly tariff, rounded off to one paise.
First three weeks 88% of the monthly tariff, rounded off to one paise.
First four weeks and upto 30 days As per monthly tariff

 Weekly rate after first 30 days 25% of the monthly tariff, rounded off to one paise.
Month means a period of 30 days. The minimum period for which storage charges are
payable is one week (7 days).

INSURANCE

11. The Corporation undertakes to exercise reasonable care and diligence as is required of a bailee under the law
for keeping the goods. The liability of the Corporation, if any arising under the law, will be limited to the value of
the goods on the date of deposit or on the date of occurrence of the loss, whichever is less.

12. The stocks stored in the warehouses are normally insured / indemnified against risk of fire, floods, theft, house
breaking and burglary.

13. In the event of any loss due to fire, flood or theft, the depositor will co-operate with the Corporation in furnishing
full and true details for finalizing the claim for compensation by the Insurance Company.

14. The Corporation will in its discretion insure the goods stored in its warehouses against the risk of riots, strikes
and civil commotion if, in its opinion, there is an imminent danger thereof. On doing so, it shall be entitled to
recover from the depositors the charges in respect thereof in addition to the usual warehousing charges and
insurance charges where realized on ad valorem basis

RESERVATION

15. In order to be certain of the availability of storage space the depositors can reserve the minimum storage space
specified or more at the warehouses in terms of packages or area for a minimum period of one month in the first
instance.

16. The reservation will be made in terms of complete months, for the number of packages as may be indicated by
the depositor for storage in the warehouse. The reservation can also be made on area basis, the minimum area
being 1000 Sq. Ft. (93 Sq. Mtrs.).

17. The reservation will ordinarily be made for a full compartment. In case the reservation is made on area basis,
the load on the floor will not exceed 0.33 tonne to a square foot (0.093 Sq. Mtrs.). The stack-height of the
commodity shall be determined by the Central Warehousing Corporation in accordance with the storage practices
laid down for the commodity.

18. The extension of reservation will not be granted for less than one month. For purpose of reservation, period of
one month will be determined with reference to the date of the reservation till the date preceding the date of
reservation in the next month (for example 7th September to 6th October).

19. The depositor will be required to indicate the commodity to be stored while making reservation of space. In case
subsequently the depositor wants to store a commodity other than that for which reservation was made, it can
be done only with the approval of CWC.

20. The space required for the storage for a number of packages for which reservation is made by the depositor will
be determined on the basis of usual formula of working out the storage capacity of the godowns taking into
account the permissible stack height. The decision of the Corporation in this regard will be final and binding on
the depositor.

21. The storage charges will be payable by the depositor for the space reserved at the prescribed rate irrespective of
whether the space remains totally or partly unutilized during the period of reservation.

22. In case of storage charges exclusive of insurance, an advalorem surcharge at the rate fixed from time to time
shall be recovered towards insurance / indemnification charges. The advalorem surcharge will be worked out on
the maximum market value prevailing on any day during a month.

23. If the goods are received over and above the reserved capacity or are required to be stored outside the reserved
space, the depositor will have to pay the storage charges for that quantity at normal rates on monthly and / or
weekly basis as applicable to ordinary deposits.

24. Minimum period of reservation shall be one month for which storage charges shall be recoverable in advance.

25. In any case all the stocks will not be allowed to be lifted from the warehouse unless storage. Handling and
Transport or any other charges payable, including arrears, if any, have been paid by the depositor. The
Corporation has the first lien on the goods stored at the warehouse in respect of storage charges and other dues
which may be recovered by sale of the goods deposited in the event of default on the part of the depositor.

26. For purposes of reservation, if the extension of reservation is made before the expiry of the initial or extended
period of reservation, as the case may be, the total period of reservation will be computed from the first date of
reservation. If however, extension is asked for after the expiry of initial or extended period or reservation, it will
be treated as a fresh reservation.

27. If the reservation is not extended during the currency of the reservation, the quantity, if any, held in storage
after the expiry of the reservation period, will be treated as an ordinary deposit and charged for on usual weekly
and / or monthly basis at the rates for the time being in force.

28. Subject to payment of storage charges as provided in clause 24, the reservation in excess of one month can be
curtailed or cancelled by giving one months notice in writing provided that where the notice falls short of one
month, storage charges for the period by which notice falls short of one month, shall also be recoverable from
the depositor.

HANDLING AND TRANSPORT

29. Normally the depositors are required to make their own arrangements for handling of their stocks. The
depositors will bear all the charges on handling of stocks till the same are stacked in warehouse.

30. A depositor may entrust the work of Handling and Transport of his goods to the Central Warehousing
Corporation with prior arrangement at the warehouses where he has made the reservation of space. The Central
Warehousing Corporation will provide such facilities to the depositors through H&T Contractors appointed by the
Corporation in this behalf.

31. The H&T work includes handling of stocks at the rail head, transportation to the warehouses, unloading,
weighment and proper stacking inside the godowns, re-bagging, salvaging, standardization as may be necessary
and de-stacking and loading the same at the time of delivery.

32. The Corporation will claim from the depositors the following charges:

i) Actual payment made to the H&T Contractors for different operations, in addition to the cost of gunnies, jute-
twine, packages etc. as may have to be purchased by the Corporation if not supplied by the depositor.

ii) Supervision charges on the bills of H&T Contractors and other incidental expenses incurred on behalf of the
depositors at the rate of 15% (or the rate mutually agreed to between the depositor and the Corporation).

33. All the stocks should be sent to the Warehouses on freight paid basis and Railway Receipts (RRs) should reach
the Officer Incharge of the warehouse well before the receipt of stocks. The stocks dispatched on freight to pay
basis will not be accepted unless otherwise agreed to by prior arrangement in writing. Delay in receipt of RRs
may result in payment of demurrage etc. which will entirely be at the risk and cost of the depositors.

34. However, if due to unforeseen circumstances, the Officer Incharge of the warehouse is called upon to pay either
freight charges / under charges / indemnity bond charges / demurrage charges / any other dues etc. at the
receiving end, the same would be reimbursed to the Central Warehousing Corporation with supervision charges,
at the rates in force from time to time, immediately on receipt of demand notice.

35. In the case of regular bulk depositors where the H&T work is entrusted to the contractors appointed on the basis
of tender enquiry in consultation with the depositors, the work will be done by the contractor on the basis of
agreement entered into with them by the Central Warehousing Corporation. Rates and other terms and
conditions agreed to with the contractor shall remain in force for the period and centers agreed to. Once the
contractor is so, appointed, the depositor shall have to reimburse the charges for different operations alongwith
the supervision charges without having any right to question the rates or the terms of the contract H&T.

36. Though the Central Warehousing Corporation will ensure that only minimum required operations are carried out
and depositors charged accordingly, the nature and extent of the operation will be in the absolute discretion of
the Officer-in-charge of the warehouse and cannot be disputed by the depositors on any ground.

37. The bills raised by the Central Warehousing Corporation should be paid within the period prescribed by the CWC
and will not be open to adjustment against claim, if any, made by the depositors. Such claims of the depositors
will be pursued separately.

38. In case of any shortage etc, the Officer-in-charges of the warehouse shall try to obtain a Certificate to this
effect from the Railways and if so obtained, it will be sent to the depositor who shall pursue the claim, if
necessary, with the Railways and it will not be the responsibility of the CWC to pursue such claim with the
Railways. The Officer-Incharge of the warehouse shall, however, extend such co-operation to the depositors as
may be necessary and possible for him to extend in this regard.

39. In case the Railway issue said to contain RRs it will be at the risk of the depositor. In case the depositor insists
on clear RRs the Corporation will have the option not to undertake the dispatch of goods; instead the depositor
may be asked to make his own arrangements for the same / depute his representative to supervise loading.

40. The cost of gunny bags wherever replaced will be reimbursed on the basis of bills raised by the CWC supported
by vouchers alongwith supervision charges. The CWC will follow the normal procedure in the purchase of
gunnies and the depositor will neither question the same nor hold back the reimbursement.

41. The goods are weighed and inspected at the time of receipt. Weighment can be dispensed with on the advise of
the depositors in case of stocks received in standardized bags in original and sound containers. Goods are then
accepted on branded weight basis. The CWC will not be responsible for any loss / shortage when the
consignment is received and accepted on the branded weight basis. All damaged, slack and non-standardised
bags / package will, however, be weighed at the cost of the depositor.

42. In the case weighment of goods is done on the Lorry Weighbridge installed at the Warehouse, the weighment
charges, the rate in vogue per lorry will be payable by the depositor to the Corporation.

43. In the event of failure of the appointed contractor or due to expiry of the existing H&T contract, the work will be
got done either through another contractor or by engaging casual labour, as may be found expedient and
economic by the CWC. The depositor will raise no objection on the grounds that prior notice of the same was
not given to him on that he has not accepted the revised rate.

DISTRIBUTION AND SALE OF GOODS

44. The Corporation also undertakes at its discretion, the work of distribution and sale of goods on behalf of such
depositors, for the parties for which it is authorized under law to do so, on mutually agreed terms and
conditions. The commission charges, as circulated from time to time for this work are payable in addition to the
storage charges, H&T charges and supervision charges thereon.

PAYMENT OF THE CORPORATIONs DUES

45. The Corporation, as a bailee of goods, has first lien as the same to recover all its dues. The storage charges are
normally payable at the time of taking delivery of the goods.

46. Payment of storage and other charges on bill basis may be agreed to by the Corporation in cases of incorporate
bodies. The bills are then raised on the depositor who will be required to pay the same within ten days of the
receipt thereof.

47. The bills raised by the Corporation required to be paid in full without any deduction. In case of any claim, the
same will be raised by the depositor separately. In no case the difference can be adjusted against the CWCs
claim.

48. In case the bills of CWC are not paid within ten days of receipt thereof, interest @ 12.5% shall be charged for
the number of days payment is delayed (in cases, where the depositor fails to either lift his stocks when required
do so, or makes payment of his dues). The Corporation can also recover its dues by exercising its lien over the
goods by disposal thereof in such manner as it deems fit.

 DELIVERY OF GOODS

49. The goods deposited in the warehouse will be delivered to the depositor, or his authorized representative or to
the person, to whom the Release Order is issued. In cases other than the delivery to the depositor, the
Warehouse Receipt must be endorsed in favour of such person by the depositor who will also deposit his
specimen signatures duly certified by him at the warehouse.

50. The depositor will send the stocks in good condition in their own interest. The Officer Incharge of the
warehouse will have right to reject such stocks which in his opinion are not storage worthy. The Officer
Incharge of the warehouse has the right to get the stocks re-bagged / stitched where bags which are received in
damaged torn conditions. The cost incurred on these operations will have to be reimbursed by the depositor
alongwith supervision charges.

51. In case of stocks of good-stuffs etc., the depositor should send the stocks without any infestation. In case the
Warehouse Incharge finds any infestation in the stocks, he may accept the goods after necessary chemical
treatment / fumigation. In such case, the CWC will be paid charges at the rates for the time being in force for
initial fumigation / treatment.

52. The depositor will cooperate with the Officer Incharge of the warehouse at all times and may visit the warehouse
and may satisfy himself with the condition of the stocks. When advised to take delivery of the stocks due to
longer storage likely to lead to deterioration in the quality of stocks, the depositor should immediately take
delivery of the stocks, failing which the CWC will not be responsible for any damage to the stocks.

53. The depositors will take delivery of cut and torn / damaged empty gunnies, if any, available after rebagging /
standardization or any other internal operation as the same cannot be stored inside the godown. The CWC will
not be responsible for any loss of empties if these are stored outside the godowns.

54. In case the depositor requires statistical data in particular form in respect of his stocks, he will be required to
supply printed forms for rendering necessary information. The Corporation will furnish monthly returns and / or
for the day when receipts / issue actually take place. Daily / weekly / fortnightly returns will not normally be
furnished.

55. Whenever the procedure prescribed by the local Government requires way-bills, the same will be supplied by the
depositors after affixing their rubber stamps on the waybills so that the Warehouse Incharge may sign the same
for the depositor. The sales tax registration number should also be indicated in the way-bill form.

56. For the matter not covered by the terms and conditions of storage specified at the back of Warehouse Receipt,
these instructions, which will form integral part of the contract of bailment, shall apply.

57. The terms and conditions contained herein are subject to change without notice.

58. Subject to law for the time being enforce, the Corporation may, at its discretion, relax any of these terms in an
appropriate case.

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ANNEXURE- I:

NOTI:FI:ED COMMODI:TI:ES

1. Drugs and Pharmaceuticals

2. Inorganic heavY' chemicals
3. Organic heavy chemicals
4. Fine chemicals including photographic chemicals
5. Synthetic resins and plastics
6. Paints, varnishes and enamels
7. Synthetic rubbers
8. Man-made fibres
Cl 9. Coke oven by products
10. coal tar distillation products
11. Textile auxiliaries
12. Sizing materials including starch
13. Miscellaneous chemicals
14. Soaps
15. Toilet prepara~ions
16. Ferro-alloys
17. Iron and steel pipes
18. Other products of iron and steel
19. Non-ferrous metals and alloys
20. Plywood
21. Matches
22. Miscellaneous (furniture components, bobbing shuttles and the
like)
23. X-Ray equipment
24. Electrical Fans
25. House hold appliances such as electric irons, heaters and the
like
26. Dry cells
27. Electrical motors
28. Plastic moulded goods
29. Hand tools, small tools and the like
30. Scientific instruments

i: ;~;:~~e~de,:va,>ve~"~;;e~o ~
31. Asbestos cement

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Date: 26.11. II Page No. 12 of 19
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33. Tyres and tubes
34. Surgical and medical products
35. Other rubber goods
36. Grinding wheels and abrasives
37. Bicycles (their component parts and accessories)
38. Machine tools ~
39. Power driven pumps reciprocating centrifugal and the like.
40. Glue and gelatin
41. Sanitary wares
42. Tiles
43. Chinaware and pottery
44. Refractories
( 45. Fire bricks
46. Textile machinery including textile accessories
47. Jute Machinery
48. Rayon Machinery
49. Tea Machinery
50. Mining Machinery
51. Metallurgical Machinery
52. Cement Machinery
53. Chemical Machinery
54. Pharmaceuticals Machinery
55. Paper Machinery
56. Iron and Steel (Metals)
57. Iron and Steel (Structurals)
58. Insecticides, fungicides and weedicides
59. Rubber
,, 60. Portland cement
61. Coir fibre and coir products
" " 62. Textiles
63. Paper and pulp including paper products
64. Leather, leather goods and pickers
65. Tobacco
66. Lac
67. Wool
68. Tea chest
69. Panels
70. Batons
~ ~~-~c:t:t:,:,:-~aTP1
o..w ----- ----- .. ---------- - ---- -- - - --- - - - --- --- ...

Approved by Issued by Issue No.1

AJAY K ,CM I QAD, 6.12.99 Page Rev. No. Nil

Date : 26.11~9 II Page No. 13 of 19

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72 .. Washing Soda
73. Soda Ash
74. Polythene granules and sheets
75. Sugar Machinery
76. Photographic Raw Film and Paper
a) Cinema Film
b) Photographic Amateur Film
c) Photographic printing paper
77. Telecommunications:
a) Telephones
b) Telegraph Equipment
c) Wireless communication apparatus
('!
'-. '
d) Radio receivers including amplifying and public address
equipment

e) Television sets

f) Teleprinters

78. Fermentation Industries

a) Alcohol

b) Other products of fermentation industries

79. Miscellaneous Industries

a) Cigaretts

80. Earth moving Machinery

a) Bulldozers

b) Dumpers

c) Scrapers

d) Loaders

e) Shovels

f) Drag lines

g) Bucket Wheel Excavators

h) Road Rollers and the like

81. Electrical Equipment:

a) Electrical lamps
b) Electrical furnaces
c) Electrical cables and wires
d) Electronic Equipment
e) Storage Batteries
f) Equipment for generation, transmission and distribution of
electricity including transformers

~~~;~;~:~~bii:i ;;;~~~~;::::: .;:::~:,:~ ~ONil

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82. Commercial, Office and Household Equipment:

a) Typewriters

b) Calculating Machines

c) Air Conditioners

d) Refrigerators

e) Vacuum Cleaners

f) Hurricane Lanterns

g) Sewing and Knitting Machines

83. Glass:

a) Hollow Ware

b) Sheet and Plate Glass

c) Optical Glass

\) d) Glass Wool
e) Laboratory Ware
f) Miscellaneous Ware
84. Defence Industries :

Arms and Ammunition

85. Transporation :
a) Aircraft
b) Automobile (motor cars, buses, trucks, motorcycles scooters
and the like)
c) Others such as Fork Lift Trucks and the like.
86. Ceramics :

a) Insulators

87. Fuels:

a) Mineral oil (crude oil)

b) Motor and aviation spirit,

c) Diesel oil,

\. ) d) Kerosene oil,
e) Fuel oil,
f) Diverse hydrocarbon oils and their blends including synthetic
fuels

g) Lubricating oils and the like

Approved by Issued by Issue No. 1

AJAY K I QAD, 6.12.99 Page Rev. No. Nil
Date: 26.11. II Page No. 15 of Jj
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 ANNEXURE-II

CONDITIONS FOR STORAGE AS PRINTED AT THE BACK OF WAREHOUSE RECEIPT

1. TeDder for Storage: (a) All goods for storage shall be delivered
at the Warehouse properly marked and packed for handling. In case
the warehouseman considers it necessary to make a 'pala' and
standardise and change the packages, he will be entitled to do so
and the depositors shall be liable to pay the charges on that
account. The warehouseman may, at his discretion, refuse to accept
goods which are in a condition not likely to stand storage. The
warehouseman shall give identity mark on each package.
o b) The word 'lot' as used herein means the unit or units of
goods for which a separate account is to be kept by the warehouseman.
Delivery of all or any units of a lot shall be made without subsequent
sorting except by special arrangement and in that event subject to
a charge.

c) The warehouseman undertakes to store and delivery goods

only in the package in which they are originally received, (unless
otherwise provided by arrangements in writing between the depositor
and warehouseman) .

2. Storage Charge (a) Storage charge will be made on a

monthly basis and number of days in excess of a month will be charged
on weekly basis.

( )
'-/ 3 . Manner in which Perishable or Deteriorating Goods are to
be dealt with;

(a) Where goods are of perishable nature or by keeping will

deteriorate greatly in value or injure other property, the warehouseman
may give such notice as is reasonable and possible under the
circumstances to the holder of the receipt for the goods if the name
and address of the holder is known to the warehouseman or if not
known to him then to the depositor, requiring him to satisfy the
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lien upon the goods and to remove them from the warehouse, and on
the failure of such person to satisfy the lien and to remove the
goods within the time prescribed in the notice, the warehouseman
may sell the goods by public sale at the risk and cost of depositor.

(bl If the warehouseman after a reasonable effort is unable to

sell the goods, the may dispose of them in any manner he may think
fit, and shall incur no liability by reason thereof.

(c) The warehouseman shall, from the proceeds of any sale made
pursuant to this provision satisfy his lien and shall hold the
balance if any, in trust for the holder of the receipt.

4. Delivery requirements: (a) Instructions for delivery or

transfer of goods shall always be in writing and signed by the
depositor or his authorised agent.

(bl When a Warehouse Receipt has been issued, no goods covered

by that receipt shall be delivered unless the receipt properly
endorsed is surrendered for cancellation or for endorsement of
partial delivery thereon.

(cl Should a Warehouse Receipt be lost or destroyed, goods

covered by it shall not be delivered until the person lawfull
entitled to possession of the goods, obtains and surrenders a
duplicate receipt. The duplicate will be issued on such terms and
conditions and on furnishing a bond to indemnity a warehouseman
against any liability as provided under the Act and the Rules.

5. Liability: (al The Warehouseman undertakes to exercise reasonable

care and diligence required by the law for keeping the goods .

. (b) The Warehouseman's liability is limited to the value of

goods on the date of deposit.

(c) Perishable goods or goods which are susceptible to damage

through temperature or humidi ty changes are accepted only at owner's

~=:~~~~-~~~h/iFt..~~~g~-~:~::~~-~~:~~~~~~~-~~~~~~~~~~~~:~-~~~~=~~:~:~

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(dl The depositor of goods shall examine the contents of goods
at the time of taking delivery and shall give notice in writing with
full particulars of the loss or damage, if any, caused to the goods,
to the wa~ehouseman, fo~thwith or give notice within 72 hours of
his examining the goods and defer taking delivery of the goods till
then, A copy of the notice shall also be sent to. the prescribed
authority. No claim against the warehouseman shall be valid if such
notice of loss or damage has not given by the depositor as aforesaid.
Similar notice for claim of damage shall be given to the wa~ehouseman.
by the depositor in case he (depositor) comes to know of the loss
or damage while the goods are in the warehouse.

(el The Warehouseman is not responsible for the usual and

customary shrinkage in weight and effect on quality during storage
due to natural causes.

(fl The quality, condition, value and contents of goods are

unknown to the warehouseman except when specifically mentioned in
the wa~ehouse receipt.

6. Schedule of Charges and Insurance: (a) Whenever provision

is made in these contract terms and conditions for a charge o~
charges by the warehouseman such charge or charges will not exceed
the warehouseman's tariff in effect at the time the charge accrues
or the service is pe~formed.

(b) The schedule of maximum tariff to be cha~ged shall be that

app~oved by the p~esc~ibed authority.

(c) (i) All goods stored in the Warehouse will be insured

against the risks of fi~e, theft and burglary, and floods, but no
insu~ance for floods will be taken in areas known to be free from
floods. P~ovided that whe~e there is no State Warehousing Act in
force or where it is permissible for this Corporation to indemnify
the depositor for the goods deposited in its warehouse, this
Corporation agrees to compensate the depositor at the rate not
exceeding the market rate of the goods at the time of the deposit
for any loss or damage which may be caused to them during the period
of deposit by ire, theft and burglary and floods.

Approved by Issued by Issue No. ~

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Date: 26.11.9 II Page No. 18 of 19
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(ii) Notwithstanding anything contained in sub-clause c (i)
the Corporation will in its discretion insure the goods stored in
its warehouses for the same value as is specified in sub-clause c
(i) against riot and strike if, in its opinion, there is imminent
danger thereof and shall, on doing so, be entitled to recover from
the deposi tor charges in respect there of in addi tion to the usual
warehouse charges.

Explanation: The expression 'depositor' includes any person

or bank that lawfully holds, or is the holder in due course of, the
receipt issued by the Warehouseman in respect of the goods and
derives title thereto by endorsement or transfer by the depositor
or his lawful transferee.

(d) When goods are transferred from one room to another or from
one warehouse to another at the request of the depositor a charge
for handling and transport, if any, will be made.

(e) The warehouseman may also transfer at his own expense,

without notice, any goods in storage from one room to another in
the warehouse provided transfer involves no charge in the class of
storage.

(f) Charges for handling loading, unloading and extra service

rendered in the interest of the depositor are to be paid for by the
depositor of goods in addition to the usual warehouse charges.

Approved by ll-1~UC)Lssued by Issue No.1

AJAY KH I QAD, 6.12.99 Page Rev. No. Nil
Date: 26.11. II Page No. 19 of 19
III