Tag: #Govtofindia

  • New Maritime Law passed by Lok Sabha- The Bills of Lading Act, 2025

    New Maritime Law passed by Lok Sabha- The Bills of Lading Act, 2025

    Date: 22.07.2025

    The Bills of Lading Act, 2025, as passed by the Lok Sabha in March 2025 and Rajya Sabha in July 2025, marks a significant legislative reform in the arena of maritime and shipping laws in India. Repealing the colonial-era Indian Bills of Lading Act, 1856, the new law aligns India’s legal framework with modern international trade practices, particularly concerning the rights and obligations of parties under a bill of lading.

    This article unpacks the key provisions of the Act, its objectives, implications for trade and shipping stakeholders, and how it enhances legal certainty in international and domestic carriage of goods by sea.

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