धारा 47

Section 47 of the Sale of Goods Act, 1930, provides that '(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 re-sold the goods, the buyer shall be entitled to the delivery of the proceeds of the re-sale, subject to a credit of such part of the price as the buyer has paid.' This section outlines the seller's right to re-sell goods after exercising his right of lien or stoppage in transit and the buyer's entitlement to the proceeds of the re-sale, subject to a credit for any part of the price already paid.