Definition of Section 50 of Sale of Goods Act According to the Government of India
Section 50 of Sale of Goods Act: Right of stoppage in transit.— Subject to the provisions of this Act, when the buyer of goods becomes insolvent, the unpaid seller who has parted with the possession of the goods has the right of stopping them in transit, that is to say, he may resume possession of the goods as long as they are in the course of transit, and may retain them until payment or tender of the price.
Section 53 of Sale of Goods Act - Effect of sub-sale or pledge by buyer Section 52 of Sale of Goods Act - How stoppage in transit is effected Section 51 of Sale of Goods Act - Duration of transit Section 49 of Sale of Goods Act -Termination of lien Section 48 of Sale of Goods Act - Part delivery Section 47 of Sale of Goods Act - Seller’s lien