Lok Sabha Passes Bills of Lading Bill, 2025, Modernizing 169-Year-Old Colonial Shipping Law
The Lok Sabha has passed the Bills of Lading Bill, 2025, replacing the British-era Indian Bills of Lading Act, 1856. This legislation modernizes India's maritime laws, aligning them with global standards for smoother shipping operations. It enhances efficiency, reduces legal complexities, and promotes business-friendly trade practices. The bill also empowers the Central Government to issue […]