Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Unpaid Seller's Rights: Lien, Stoppage in Transit, and Resale Under Sales of Goods Act, 1930</h1> Under the Sales of Goods Act, 1930, an unpaid seller retains specific rights against the goods sold. Even if ownership has transferred to the buyer, the seller can exercise a lien on the goods for payment while in possession. If the buyer becomes insolvent, the seller can stop the goods in transit. The seller also holds a right of resale, subject to statutory limitations. If ownership has not transferred, the seller may withhold delivery, mirroring the rights of lien and stoppage in transit applicable when ownership has passed.
TaxTMI 
TaxTMI 
