- Subject to the provisions of this section, a contract of sale is not rescinded by the mere exercise by an unpaid seller of his right of lien or stoppage in transit.
- Where an unpaid seller who has exercised his right of lien or stoppage in transit re-sells the goods, the buyer acquires a good title thereto as against the original buyer.
- Where the goods are of a perishable nature, or where the unpaid seller gives notice to the buyer of his intention to re-sell, and the buyer does not within a reasonable time pay or tender the price, the unpaid seller may re-sell the goods and recover from the original buyer damages for any loss occasioned by his breach of contract.
- Where the unpaid seller has exercised his right of lien or stoppage in transit and the buyer has not repudiated the contract, the unpaid seller shall not thereafter be entitled to re-sell the goods without notice to the buyer.
Chapter V — Rights of Unpaid Seller against the Goods
Section 54
Sale not generally rescinded by lien or stoppage in transit
Printed from Law on Tips • Sale of Goods Act, 1930