The Sale of Goods Act, 1930
The Sale of Goods Act is a crucial piece of Indian legislation that regulates the sale of goods, including their transfer and delivery, warranties, and other related aspects.
Sale Of GoodsContract Of SaleTransfer Of PropertyWarrantiesRemediesBreach Of Contract
Summary
The Sale of Goods Act, 1930 is a comprehensive law that governs the sale of goods in India. The Act defines the terms of a contract of sale, the obligations of buyers and sellers, the transfer of property, the delivery of goods, and the rights and duties of the parties involved. The Act also deals with warranties and conditions that apply to the sale of goods and outlines the remedies available to buyers and sellers in case of breach of contract. The Sale of Goods Act is applicable to all types of movable goods, except for actionable claims, stocks, and shares. The Act has been amended several times to keep up with changing business practices and technology.