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Sale of Goods Act · s 42

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s 42Unpaid seller's lien

(1)

Subject to this Act, the unpaid seller of goods who

Seller'slien is in possession of them is entitled to retain possession of them until payment or tender of the price in the following cases :-

1999

26

Sale of Goods

Part delivery

Termination oflien

(a)

where the goods have been sold without any stip~lation 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 lien or right of retention notwithstanding that he is in possession of the goods as agent or bailee for the buyer.