The Sale of Goods Act, 1930
Effects of the Contract
Transfer of Property as between Seller and Buyer
Section 20: Specific goods in a deliverable state.
20. Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when the contract is made, and it is immaterial whether the time of payment of the price or the time of delivery of the goods, or both, is postponed.
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