Multimodal Transportation of Goods Act,1993 along with allied Rules | Bare Acts | Universal Lexis Nexis | 2024 Edition
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The Multimodal Transportation of Goods Act, 1993, along with its allied Rules, is a crucial legislation in the field of transportation. This comprehensive law governs the multimodal transportation of goods, which involves the use of multiple modes of transportation, such as road, rail, air, and sea, to transport goods from one place to another.
With the increasing global trade and the need for efficient and secure transportation of goods, the Multimodal Transportation of Goods Act, 1993, provides a legal framework to regulate this complex process. It sets out the rights, duties, and liabilities of various parties involved in the multimodal transportation, including the multimodal transport operator, the consignor, the consignee, and the carrier.
? Key Features of the Multimodal Transportation of Goods Act, 1993:
?? Simplifies Documentation: The Act simplifies the documentation process by allowing the use of a single multimodal transport document, which serves as an evidence of the contract of carriage and provides essential information regarding the goods being transported.
?? Liability and Insurance: The Act establishes the liability of the multimodal transport operator and provides guidelines for the limitation of liability. It also mandates the requirement for insurance coverage to protect the interests of the parties
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Title: |
Multimodal Transportation of Goods Act,1993 along with allied Rules | Bare Acts | Universal Lexis Nexis | 2024 Edition |
Edition | 2024 |
Author: | Universal Lexis Nexis |
Publisher | Universal Lexis Nexis |
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