Section 31 in The Warehousing (Development and Regulation) Act, 2007

Title: Meetings of Authority

Description: (1) The Authority shall meet at such times and places and shall observe such rules of procedure in regard to transaction of business at its meetings (including the quorum at such meetings) as may be determined by regulations. (2) The Chairperson, or if, for any reason he is unable to attend a meeting of the Authority, any other member chosen by the members present from amongst themselves at the meeting shall preside at the meeting. (3) All questions which come up before any meeting of the Authority shall be decided by a majority of votes by the members present and voting, and in the event of an equality of votes, the Chairperson, or the person presiding shall have a second or casting vote.

Title: Vacancies, etc., not to invalidate proceedings of Authority

Description: No act or proceeding of the Authority shall be invalid merely by reason of— (a) any vacancy in, or any defect in the constitution of, the Authority; or (b) any defect in the appointment of a person acting as a member of the Authority; or (c) any irregularity in the procedure of the Authority not affecting the merits of the case.

Title: Officers and employees of Authority

Description: (1) The Authority may appoint officers and such other employees as it considers necessary for the efficient discharge of its function under this Act. (2) The terms and conditions of service of officers and other employees of the Authority appointed under sub-section (1) shall be governed by regulations made under this Act.

Title: Warehousing Advisory Committee

Description: (1) The Authority may, by notification, constitute a Committee to be known as the Warehousing Advisory Committee to advise the Authority on matters relating to the making of regulations under section 51 and make recommendations for effective implementation of the provisions of this Act. (2) The Warehousing Advisory Committee shall consist of not more than fifteen members excluding the members of the Authority to represent the interests of commerce, industry, engineering, agriculture, consumers, organisations engaged in warehousing, quality control, preservation and research bodies. (3) Without prejudice to the provisions of sub-section (1), the Warehousing Advisory Committee may advise the Authority on such other matters as may be referred to it by the Authority.

Title: Powers and functions of Authority

Description: (1) Subject to the provisions of this Act and any other law for the time being in force, the Authority shall have the duty to regulate and ensure implementation of the provisions of this Act and promote orderly growth of the warehousing business. (2) Without prejudice to the generality of the foregoing provisions, the powers and functions of the Authority shall include the following, namely:-- (a) to issue to the applicants fulfilling the requirements for warehousemen a certificate of registration in respect of warehouses, or renew, modify, withdraw, suspend or cancel such registration; (b) to regulate the registration and functioning of accreditation agency, renew, modify, withdraw, suspend or cancel such registration, and specify the code of conduct for officials of accreditation agencies for accreditation of the warehouses; (c) to specify the qualifications, code of conduct and practical training for warehousemen and staff engaged in warehousing business; (d) to regulate the process of pledge, creation of charges and enforcement thereof in respect of goods deposited with the warehouse; (e) to promote efficiency in conduct of warehouse business; (f) to make regulations laying down the standards for approval of certifying agencies for grading of goods; (g) to promote professional organisations connected with the warehousing business; (h) to determine the rate of, and levy, the fees and other charges for carrying out the provisions of this Act; (i) to call for information from, undertaking inspection of, conducting enquiries and investigation including audit of the warehouses, accreditation agencies and other organisations connected with the warehousing business; (j) to regulate the rates, advantages, terms and conditions that may be offered by warehousemen in respect of warehousing business; (k) to specify, by regulations, the form and manner in which books of account shall be maintained and statement of accounts shall be rendered by warehousemen; (l) to maintain a panel of arbitrators and to nominate arbitrators from such panel in disputes between warehouses and warehouse receipt holders; (m) to regulate and develop electronic system of holding and transfer of credit balances of fungible goods deposited in the warehouses; (n) to determine the minimum percentage of space to be kept reserved for storage of agricultural commodities in a registered warehouse; (o) to specify the duties and responsibilities of the warehouseman (p) to exercise such other powers and perform such other functions as may be prescribed.