Circumstances When Property Gets Transferred to Buyer under Sale of Goods Act, 1930
Lead author · Corresponding
Naeesha Halai
International Accredited Civil-Commercial Mediator from ADR-ODR International, London
Abstract
The term passing of goods or property means that there is a transfer of ownership in accordance with the principles of the Sale of Goods Act, 1930. The rights, duties and liabilities of both the seller and the buyer can be understood only through the concept of passing of property. It is a universally accepted principle of law that along with the ownership of the goods or property, the risk is also passed on from the seller to the buyer. This paper deals with the various principles and provisions pertaining to Passing of property in the light of the Sale of Goods Act, 1930.