July 22, 2025 11:41 AM
Parliament passes ‘Bills of Lading, 2025’ to modernize maritime law in India
In a landmark development for India's maritime sector, Parliament on Monday passed the Bills of Lading, 2025, replacing the 169-year-old colonial-era Indian Bills of Lading Act, 1856. The Rajya Sabha cleared the bill on the first day of the Monsoon Session, following its earlier passage in the Lok Sabha in March 2025. The bill now awaits Presidential assent before becoming law. Tabled by Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, the bill marks a significant step in In...