Section 137 The Transfer of Property Act, 1882


Section 137 The Transfer of Property Act, 1882: 

Saving of negotiable instruments, etc.—Nothing in the foregoing sections of this Chapter applies to stocks, shares or debentures, or to instruments which are for the time being, by law or custom, negotiable, or to any mercantile document of title to goods. Explanation.—The expression “mercantile document of title to goods” includes a bill of lading, dock-warrant, warehouse-keeper’s certificate, railway receipt, warrant or order for the delivery of goods, and any other document used in the ordinary course of business as proof of the possession or control of goods, or authorising or purporting to authorise, either by endorsement or by delivery, the possessor of the document to transfer or receive goods thereby represented.



Supreme Court of India Important Judgments And Leading Case Law Related to Section 137 The Transfer of Property Act, 1882: 

Rakesh . vs Board Of Revenue U.P. . on 8 March, 2019

The Morvi Mercantile Bank Ltd. And vs Union Of India, Through The on 3 March, 1965

Standard Chartered Bank vs Andhra Bank Financial Services on 5 May, 2006

Ram Pyare vs Ram Narain & Others on 15 February, 1985




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