Definition of Section 49 of Sale of Goods Act According to the Government of India
Section 49 of Sale of Goods Act: Termination of lien.— (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.