The Bills of Lading Bill, 2024 was introduced in Lok Sabha on 9 August 2024, and was passed on 10 March 2025. Further, this Bill was sent to the Rajya Sabha for consideration. On 21 July 2025, during its Monsoon Session, the Rajya Sabha passed this Bill, and now awaits assent of the President of India. This Bill seeks to repeals and re-enact the Indian Bills of Lading Act, 1856.
The 2024 Bill does not introduce significant changes apart from the incorporation of new administrative powers for the Central Government under Section 5, thus enhancing the clarity and efficiency of maritime and trade law in India. Further, to ensure a smooth transition, the Bill under Section 6 includes detailed provisions for handling the transition, including the preservation of rights, obligations, and penalties accrued under the previous Act.
With the Shipping industry evolving and global trade landscape changing, India is adopting more comprehensive and understandable law that aligns with international standards, upcoming practices and methodologies which are being adopted across the industry.
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