<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Effect of sub-sale or pledge by buyer</title>
    <link>https://www.taxtmi.com/acts?id=7354</link>
    <description>Unpaid seller&#039;s lien and stoppage in transit remain effective against buyer dispositions unless the seller assents; however, a document of title lawfully transferred to a bona fide purchaser for value by sale defeats those rights, while transfers by pledge or other dispositions for value limit the seller&#039;s rights to those subject to the transferee&#039;s rights. Where transferred by pledge, the unpaid seller may require the pledgee to satisfy the secured amount first from any other goods or securities of the buyer in the pledgee&#039;s hands available against the buyer.</description>
    <language>en-us</language>
    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
    <lastBuildDate>Sat, 19 Jan 2008 22:45:54 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=244292" rel="self" type="application/rss+xml"/>
    <item>
      <title>Effect of sub-sale or pledge by buyer</title>
      <link>https://www.taxtmi.com/acts?id=7354</link>
      <description>Unpaid seller&#039;s lien and stoppage in transit remain effective against buyer dispositions unless the seller assents; however, a document of title lawfully transferred to a bona fide purchaser for value by sale defeats those rights, while transfers by pledge or other dispositions for value limit the seller&#039;s rights to those subject to the transferee&#039;s rights. Where transferred by pledge, the unpaid seller may require the pledgee to satisfy the secured amount first from any other goods or securities of the buyer in the pledgee&#039;s hands available against the buyer.</description>
      <category>Act-Rules</category>
      <law>Indian Laws</law>
      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=7354</guid>
    </item>
  </channel>
</rss>