Definition of Section 47 of Sale of Goods Act According to the Government of India
Section 47 of Sale of Goods Act: Seller’s lien.— (1) Subject to the provisions of this Act, the unpaid seller of goods who is in possession of them is entitled to retain possession of them until payment or tender of the price in the following cases, namely:—
- (a) where the goods have been sold without any stipulation as to credit;
- (b) where the goods have been sold on credit, but the term of credit has expired;
- (c) where the buyer becomes insolvent.
(2) The seller may exercise his right of lien notwithstanding that he is in possession of the goods as agent or bailee for the buyer.
Section 50 of Sale of Goods Act - Right of stoppage in transit Section 49 of Sale of Goods Act -Termination of lien Section 48 of Sale of Goods Act - Part delivery Section 46 of Sale of Goods Act - Unpaid seller’s sights Section 45 of Sale of Goods Act - “Unpaid seller” defined Section 44 of Sale of Goods Act - Liability of buyer for neglecting or refusing delivery of goods