Sale of Goods Act, 1930

Section 45

Re-sale by buyer

⚡ Quick Answer Reference: Section 45 Sale of Goods Act, 1930

Provision: Section 45 of Sale of Goods Act, 1930
Act: Sale of Goods Act, 1930
Classification: commercial
Jurisdiction: India

Statutory Content

What does Section 45 of Sale of Goods Act, 1930 say?

According to Section 45 of the Sale of Goods Act, 1930, '(1) where the seller has exercised his right of lien or stoppage in transit, he may re-sell the goods, and, if the buyer has paid any part of the price, the re-sale shall be subject to a credit of such part of the price. (2) where the seller has not exercised his right of lien or stoppage in transit, the buyer shall, if the buyer has paid any part of the price, be entitled to re-delivery of the goods, or, if the goods have been re-sold, to the delivery of the proceeds of the re-sale, subject to a credit of such part of the price.' This section deals with the re-sale of goods by the buyer after the seller has exercised his right of lien or stoppage in transit, and outlines the conditions under which the buyer may be entitled to re-delivery of the goods or the proceeds of the re-sale.

Indian StandardSection 45, Sale of Goods Act, 1930

Bluebook (21st ed.)Sale of Goods Act, 1930, § 45 (India)

Court Pleading StandardSection 45 of the Sale of Goods Act, 1930

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 45 Sale of Goods Act, 1930

What is Section 45 of Sale of Goods Act, 1930?

Section 45 of the Sale of Goods Act, 1930 (Sale of Goods Act, 1930) defines and regulates "Re-sale by buyer". The section states: According to Section 45 of the Sale of Goods Act, 1930, '(1) where the seller has exercised his right of lien or stoppage in transit, he may re-sell the goods, and, if the buyer ha...

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