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Mar 22, 2024 · In India, the Sale of Goods Act, 1930, regulates matters concerning the sale and agreement to sell goods. Under Section 4 of this Act, a "contract of sale" is defined as a contractual arrangement in which the seller commits to transferring or agrees to transfer the ownership of goods to the buyer for an agreed price.
Apr 8, 2024 · As per the provision of the Sale of Goods Act, 1930, appropriation of goods involves the selection of goods with the intention of using them in the performance of the contract and with the mutual consent of the buyer and seller. The essentials are: 1) There is a contract for the sale of unascertained or future goods.
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Apr 4, 2024 · As per the Section 46 of the Sales of Goods Act, an unpaid seller has been given the following rights both against the goods and the buyer: 1. Seller’s Lien: As per Section 47 of the Sales of Goods Act 1930, the seller has the right to retain possession of the goods until payment if he is in possession of the goods. This is possible when:
Apr 4, 2024 · Sales of goods in 1930 established provisions regarding the delivery of goods. Delivery initiates the discharge of the contract through the performance of both parties. Delivery of goods may be of three types; i.e., actual, symbolic, and constructive.
1 day ago · This article provides a thorough examination of seven significant cases associated with the Sale of Goods Act, 1930, offering a comprehensive overview. In India, the Sale of Goods Act, 1930 came into effect on 1st July 1930. It tends to meticulously define terms like buyer, delivery, goods and specific goods. The Act covers various aspects such ...
