Section 49 of Sale of Goods Act, 1930: Termination of lien

The Sale of Goods Act, 1930 Chapter-V Rights of Unpaid Seller against the Goods Unpaid seller’s lien Section […]

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The Sale of Goods Act, 1930

Chapter-V Rights of Unpaid Seller against the Goods

Unpaid seller’s lien

Section 49: Termination of lien.

49. (1) The unpaid seller of goods loses his lien thereon—

(a) when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of disposal of the goods;

(b) when the buyer or his agent lawfully obtains possession of the goods;

(c) by waiver thereof.

(2) The unpaid seller of goods, having a lien thereon, does not lose his lien by reason only that he has obtained a decree for the price of the goods.


 



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