Appointment of M/S. Transworld Terminals Private Limited located at P-66A, Karl Marx Sarani (Behind ITC Cigarette Factory), Kolkata - 700 043 as the Custodian of the imported goods/export goods in FCL/LCL Containers
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Appointment of Transworld Terminals as custodian for container and break bulk cargo with bond, insurance and compliance obligations. M/S. Transworld Terminals Private Limited is appointed Custodian for containerised, over-dimension and break-bulk cargo through Kolkata/Haldia Port under Section 45(1) of the Customs Act, 1962 and in a notified Customs Area. The Custodian must execute a bond (initially Rs. 70.94 crores), maintain insurance cover (Rs. 195.90 crores for one year), indemnify Customs for losses, and comply with operational, security, EDI and regulatory obligations under the Handling of Cargo in Customs Areas Regulations, 2009, subject to periodic review, termination rights of the Commissioner and prescribed custodianship terms.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of Transworld Terminals as custodian for container and break bulk cargo with bond, insurance and compliance obligations.
M/S. Transworld Terminals Private Limited is appointed Custodian for containerised, over-dimension and break-bulk cargo through Kolkata/Haldia Port under Section 45(1) of the Customs Act, 1962 and in a notified Customs Area. The Custodian must execute a bond (initially Rs. 70.94 crores), maintain insurance cover (Rs. 195.90 crores for one year), indemnify Customs for losses, and comply with operational, security, EDI and regulatory obligations under the Handling of Cargo in Customs Areas Regulations, 2009, subject to periodic review, termination rights of the Commissioner and prescribed custodianship terms.
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