Unpaid seller rights: lien, stoppage in transit and withholding delivery protect sellers against nonpayment and buyer insolvency. The unpaid seller retains a lien on goods while in possession, a stoppage in transit right to intercept goods after parting with possession upon the buyer's insolvency, and a limited right of re-sale under the Act. If property has not passed, the unpaid seller also has a right of withholding delivery co-extensive with lien and stoppage in transit rights.
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Provisions expressly mentioned in the judgment/order text.
Unpaid seller rights: lien, stoppage in transit and withholding delivery protect sellers against nonpayment and buyer insolvency.
The unpaid seller retains a lien on goods while in possession, a stoppage in transit right to intercept goods after parting with possession upon the buyer's insolvency, and a limited right of re-sale under the Act. If property has not passed, the unpaid seller also has a right of withholding delivery co-extensive with lien and stoppage in transit rights.
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