Multimodal Transportation of Goods Act, 1993
15. Limits of liability when the nature and
value of the consignment have not been declared and stage of transport where
loss or damage occurred is known
Where a multimodal transport operator becomes
liable for any loss of ,or damage to, any consignment, the nature and value
whereof have not been declared by the consignor before such consignment has
been taken in charge by the multimodal transport operator and the stage of
transport at which such loss or damage occurred is known, then the limit of the
liability of the multimodal transport operator for such loss or damage shall be
determined in accordance with the provisions of the relevant law applicable in
relation to the mode of transport during the course of which the loss or damage
occurred and any stipulation in the multimodal transport contract to the
contrary shall be void and unenforceable.