No dealing

  • Act/Rule/Legislation

  • Online Link to Act/Rule/Legislation

  • Initial Setup or Ongoing Maintenance

    Ongoing compliance requirement

  • Filing and Maintenance Requirements

    No warehouseman other than a cooperative society shall either on his own account or that of others, deal in, or lend money on goods received by him for deposit in his warehouse.

  • Penalty

    Simple imprisonment which may extend to six months, or with fine which may extend to one thousand rupees, or with both.

  • Application Guidelines / Responsible Persons / Comments

    Not relevant