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Sale of Goods Act, 1930

Sale of Goods Act, 1930

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Published by Deborah
general info about sale of goods act, 1930. this is applicable to India..
general info about sale of goods act, 1930. this is applicable to India..

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Published by: Deborah on Dec 02, 2009
Copyright:Attribution Non-commercial

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03/24/2013

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Sale of Goods Act, 1930Sale of Goods Act, 1930
Unit VUnit V
 
GeneralGeneral
Act applies to whole of IndiaAct applies to whole of Indiaexcept the State of Jammu &except the State of Jammu &Kashmir Kashmir 
Contract of Sale of Goods subjectContract of Sale of Goods subjectto the general principles of lawto the general principles of lawrelating to contracts (Indianrelating to contracts (IndianContract Act)Contract Act)
 
Sale & Agreement to SellSale & Agreement to Sell
SaleSale
The property in the goods isThe property in the goods istransferred from the seller to thetransferred from the seller to thebuyer buyer 
Agreement to SellAgreement to Sell
Transfer of property in the goodsTransfer of property in the goodsis to take place at a future timeis to take place at a future time
Becomes sale when time elapsesBecomes sale when time elapsesor conditions are fulfilled i.e.or conditions are fulfilled i.e.property in goods is transferredproperty in goods is transferred

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