<h1>Parliament passes Bills of Lading Bill 2025 replacing 1856 Act to modernize shipping document framework</h1> Parliament passed The Bills of Lading Bill, 2025 to modernize and simplify the legal framework governing shipping documents. The legislation, previously approved by the Lok Sabha in March, was passed by the Rajya Sabha through voice vote after the Opposition staged a walkout. The new law will replace the outdated Indian Bill of Lading Act 1856. A bill of lading is a document issued by freight carriers to shippers, detailing the type, quantity, condition, and destination of transported goods. The legislation establishes provisions for transferring rights of suit and liabilities to consignees and endorsees named in bills of lading, ensuring property rights in goods pass appropriately through consignment or endorsement processes.