Sale of Goods Act, 1930
← Sale of Goods Act, 1930
V — RIGHTS OF UNPAID SELLER AGAINST THE GOODS · Section 49

Termination of lien

Not yet verified with the latest version of the bare act.
Text as per India Code

(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. Stoppage in transit

Judgments on Section 49