O'Reilly logo

Business Regulatory Framework by Purnakam Dash

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

19

Rights of the Unpaid Seller

CHAPTER OBJECTIVES

After carefully reading this chapter, you will be able:

  • Understand the meaning of an unpaid seller.
  • Clearly explain the rights of an unpaid seller.
  • Distinguish between an unpaid seller's rights against the goods and against the buyer.
MEANING OF UNPAID SELLER

“An unpaid seller is a seller who has not been paid or tendered the whole of the price or who has received a bill of exchange or other negotiable instrument as conditional payment that has been subsequently dishonoured. ” See. 45(1)

RIGHTS OF AN UNPAID SELLER

The rights of an unpaid seller may be grouped under two heads:

  1. His rights against the goods
  2. His rights against the buyer

These rights can be exercised by him even in cases where ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required