The Carriage of Goods by Sea Bill, 2024, introduced in Lok Sabha on 9 August 2024 seeks to replace the Indian Carriage of Goods by Sea Act, _____.

Correct option is A

Correct Answer is (a) 1925

The Carriage of Goods by Sea Bill, 2024, introduced in the Lok Sabha on August 9, 2024, aims to replace the Indian Carriage of Goods by Sea Act, 1925. The 1925 Act was enacted to amend the law concerning the carriage of goods by sea, establishing the responsibilities, liabilities, rights, and immunities of carriers under bills of lading. The new bill seeks to modernize and align India's maritime laws with current international conventions and practices.

• Purpose of the 1925 Act: The Indian Carriage of Goods by Sea Act, 1925, was established to unify certain rules relating to bills of lading, in line with international conventions held in Brussels in the early 1920s.

• International Alignment: The 1925 Act conformed to the International Convention for the Unification of Certain Rules of Law relating to Bills of Lading of August 1924, known as the Hague Rules.

• Modernization Efforts: The 2024 Bill aims to update the legal framework to reflect changes in the global shipping industry and to comply with international conventions.

• Key Features of the 2024 Bill:

  • Empowers the central government to issue directions and amend schedules related to bills of lading.
  • Seeks to provide a comprehensive framework for the responsibilities, liabilities, rights, and immunities of carriers with respect to the carriage of goods by sea.
    
    

• Repeal of the 1925 Act: The 2024 Bill explicitly states the repeal of the Indian Carriage of Goods by Sea Act, 1925, to pave the way for updated legislation.

• Global Practices: Aligning national laws with international conventions ensures smoother international trade and legal consistency across jurisdictions.