Q & A Forum Find a Lawyer Case Request Free Legal Templates Read Article Indian Kanoon e-Court fee Certified Copy Easy Office
Loading
We make advocacy simple for you Ask a Question Consult a Lawyer info@easyadvocacy.com

Section-45 "Unpaid seller" defined


Section-45 "Unpaid seller" defined

(1) The seller of goods is deemed to be an "unpaid seller" within the meaning of this Act.-

(a) When the whole of the price has not been paid or tendered;

(b) When a bill of exchange or other negotiable instrument has been received as conditional payment, and the condition on which it was received has not been fulfilled by reason of the dishonor of the instrument or otherwise.

(2) In this Chapter, the term "seller" includes any person who is in the position of a seller, as, for instance, an agent of the seller to whom the bill of lading has been endorsed, or a consignor or agent who has himself paid, or is directly responsible for, the price.

 

 View Previous | View Next  

Ask your question from lawyers!


Ask anonymously
Support
Customer Support

Need help? Reach us at +91-11-2622 7731

Secure
100% Secure

Our payment gateway system is fully secured.