https://www.taxtmi.com/acts?id=7331 Section 30 provides that when a seller retains possession of goods or their documents after sale, transfers by that seller or a mercantile agent to a person receiving in good faith and without notice of the prior sale have the same effect as if the transferor were authorised by the owner. Similarly, where a buyer holds possession with the seller's consent, dispositions by that buyer or his mercantile agent to a good faith transferee without notice of the seller's lien or other rights operate as if those rights did not exist. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7331 Section 30 provides that when a seller retains possession of goods or their documents after sale, transfers by that seller or a mercantile agent to a person receiving in good faith and without notice of the prior sale have the same effect as if the transferor were authorised by the owner. Similarly, where a buyer holds possession with the seller's consent, dispositions by that buyer or his mercantile agent to a good faith transferee without notice of the seller's lien or other rights operate as if those rights did not exist. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7331