Reasonable care of the goods

  • Act/Rule/Legislation

  • Online Link to Act/Rule/Legislation

  • Initial Setup or Ongoing Maintenance

    Ongoing compliance requirement

  • Filing and Maintenance Requirements

    To take reasonable care of the goods deposited, take all necessary precautions against rats and other pests and fulfil such other conditions as may be prescribed, keep goods of one depositor separate from the goods of other depositors, and keep the goods insured as specified.

  • Penalty

    Fine which may extend to one thousand rupees.

  • Application Guidelines / Responsible Persons / Comments

    Not relevant