Section 74Passing of property in the goods covered by railway receipt

Section 74: Passing of property in the goods covered by railway receipt

74. Passing of property in the goods covered by railway receipt

The property in the consignment covered by a railway receipt shall pass to the consignee or the endorsee, as the case may be, on the delivery of such railway receipt to him and he shall have all the rights and liabilities of the consignor.