Bare Act Search Results

Sale of Goods Act, 1930 Section 60

Title: Repudiation of Contract Before Due Date

State: Central

Year: 1930

Where either party to a contract of sale repudiates the contract before the date of delivery, the other may either treat the contract as subsisting and wait till the date of delivery, or he may treat the contract as rescinded and sue for damages for the breach.

Sale of Goods Act, 1930 Complete Act

State: Central

Year: 1930

.....identified and agreed upon at the time a contract of sale is made; and (15) expressions used but not defined in this Act and defined in the Contract Act, 1872, have the meanings assigned to them in that Act. Section 3 Application of provisions of Act 9 of 1872 The unrepealed provisions of the Contract Act, 1872, save insofar as they are inconsistent with the express provisions of this Act, shall continue to apply to contracts for the sale of goods. CHAPTER 2 FORMATION OF THE CONTRACT Section 4 Sale and agreement to sell (1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. (2) A contract of sale may be absolute or conditional. (3) Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. (4) An agreement to sell becomes a sale when the time elapses or.....

Sale of Goods Act, 1930 Chapter III

Title: Effects of the Contract

State: Central

Year: 1930

.....contract When the seller of goods has obtained possession thereof under a contract voidable under section 19 or section 19A of the Indian Contract Act, 1872 (9 of 1872), but the contract has not been rescinded at the time of the sale, the buyer acquires a good title to the goods, provided he buys them in good faith and without notice of the seller's defect of title. Section 30 - Seller or buyer in possession after sale (1) Where a person, having sold goods, continues or is in possession of the goods or of the documents of title to the goods, the delivery or transfer by that person or by a mercantile agent acting for him of the goods or documents of title under any sale, pledge or other disposition thereof to any person receiving the same in good faith and without notice of the previous sale shall have the same effect as if the person making the delivery or transfer were expressly authorised by the owner of the goods to make the same. (2) Where a person, having bought or agreed to buy goods, obtains with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer by that person or by a mercantile agent acting for.....

Sale of Goods Act, 1930 Section 24

Title: Goods Sent on Approval or "on Sale or Return"

State: Central

Year: 1930

When goods are delivered to the buyer on approval or "on sale or return" or other similar terms, the property therein passes to the buyer-- (a) when he signifies his approval or acceptance to the seller or does any other act adopting the transaction; (b) if he does not signify his approval or acceptance to the seller but retains the goods without giving notice of rejection, then, if a time has been fixed for the return of the goods, on the expiration of such time, and, if no time has been fixed, on the expiration of a reasonable time.

Sale of Goods Act, 1930 Chapter V

Title: Rights of Unpaid Seller Against the Goods

State: Central

Year: 1930

.....and available against the buyer. Section 54 - Sale not generally rescinded by lien or stoppage in transit (1) Subject to the provisions of this section, a contract of sale is not rescinded by the mere exercise by an unpaid seller of his right of lien or stoppage in transit. (2) Where the goods are of a perishable nature, or where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to the buyer of his intention to re-sell, the unpaid seller may, if the buyer does not within a reasonable time pay or tender the price, re-sell the goods within a reasonable time and recover from the original buyer damages for any loss occasioned by his breach of contract, but the buyer shall not be entitled to any profit which may occur on the re-sale. If such notice is not given, the unpaid seller shall not be entitled to recover such damages and the buyer shall be entitled to the profit, if any, on the re-sale. (3) Where an unpaid seller who has exercised his right of lien or stoppage in transit re-sells the goods, the buyer acquires a good title thereto as against the original buyer, notwithstanding that no notice of the re-sale has been given to the.....

SALE OF GOODS ACT, 1930 Section 47

Title: Seller's lien

State: Central

Year: 1930

(1) Subject to the provisions of this Act, the unpaid seller of goods who is in possession of them is entitled to retain possession of them until payment or tender of the price in the following cases, namely:-- (a) where the goods have been sold without any stipulation 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 right of lien notwithstanding that he is in possession of the goods as agent or bailee for the buyer.

Dangerous Drugs Act, 1930 Complete Act

State: Central

Year: 1930

.....from Government factories for export or to32[State Governments] or to manufacturing chemists. SECTION 06: CONTROL OF CENTRAL GOVERNMENT OVER MANUFACTURE OF MANUFACTURED DRUGS (1) No one shall manufacture any manufactured drug, other than prepared opium, save in accordance with rules made under sub-section (2) and with the conditions of any licence-for that purpose which he may be required to obtain under those rules. (2) The33[Central Government] may make rules34permitting and regulating the manufacture of manufactured drugs, other than prepared opium, and such rules may prescribe the form and conditions of licences for such manufacture, the authorities by which such licences may be granted and the fees that may be charged therefor, and any other matter requisite to render effective the control of the33[Central Government] over such manufacture. (3) Nothing in this section shall apply to the manufacture of medicinal opium or of preparations containing morphine, diacetylmorphine or cocaine from materials which the maker is lawfully entitled to possess. SECTION 07: CONTROL OF CENTRAL GOVERNMENT OVER OPERATIONS AT LAND AND SEA FRONTIERS (1) No one shall" (a) import.....

The Bombay Local Fund Audit Act 1930 Complete Act

State: Maharashtra

Year: 1930

THE BOMBAY LOCAL FUND AUDIT ACT 1930 THE BOMBAY LOCAL FUND AUDIT ACT 1930 Bombay Act No. XXV of l931 17th September 1930 Adapted and modified by the Adaptation Laws of Indian laws Order in council Amended by Bom. 12 of 1949 8 of 1950. Adapted and modified by the Adaptation of Laws Order, 195O Amended by Bom. 9 of 1955. Adapted and modified by the Bombay Adaptation of Law (State and Concurrent Subjects) Order, 1956. Adapted and modified by the Mabarashtra Laws (State and, Concurrent Subjects) Order, Amended by Mah. 3 of 1961. 5 of 1962. 35 of1963. 25 of 1968. 40 of 1971. 39 of 1977. An Act to provide for and regulate the audit of the local funds under the management or control of certain local authorities in the 3[State of Maharashtra except Greater Bombay. Whereas it is expedient to provide for and regulate the audit of the local funds under the management or control of certain local authorities in the 1[State of Maharashtra except Greater Bombay in manner hereinafter appearing; . 2 xx x x 1. These words were substituted for the words "Bombay Presidency except Greater Bombay" by Mah. 3 of 1961, Ss. 3 and 4. 2. The portion beginning with "And whereas" and ending.....

The Assam Local Funds (Accounts and Audit) Act, 1930 Complete Act

State: Assam

Year: 1930

THE ASSAM LOCAL FUNDS (ACCOUNTS AND AUDIT) ACT, 1930 THE ASSAM LOCAL FUNDS (ACCOUNTS AND AUDIT) ACT, 1930 [Assam Act II of 1930] [Published in the Assam Gazette, of the 2nd July, 1991.] PREAMBLE An Act to make better provision for the audit and safeguarding of local funds in Assam. WHEREAS it is expedient to make better provision for the audit and safeguarding of local funds in Assam; And WHEREAS the previous sanction of the Governor General under sub-section (3) of Section 80A of the Government of India Act has been obtained to the passing of this Act. It is hereby enacted as follows.-- Section 1 - Short title and extent (1) This Act may be called the Assam Local Funds (Accounts and Audit) Act, 1930. (2) It extends to the Whole of Assam. Section 2 - Definition In this Act, unless there be anything repugnant in the subject or context.-- (1) "Auditor" means an auditor appointed under this Act; (2) "Examiner of Local Accounts" means a person appointed as such under this Act and includes any person for the time being performing the duties of an Examiner of Local Accounts; (3) "Local Accounts" or "accounts of a local authority" means the.....

Sale of Goods Act, 1930 Chapter VI

Title: Suits for Breach of the Contract

State: Central

Year: 1930

.....the seller the breach of warranty in diminution or extinction of the price; or (b) sue the seller for damages for breach of warranty. (2) The fact that a buyer has set up a breach of warranty in diminution or extinction of the price does not prevent him from suing for the same breach of warranty if he has suffered further damage. Section 60 - Repudiation of contract before due date Where either party to a contract of sale repudiates the contract before the date of delivery, the other may either treat the contract as subsisting and wait till the date of delivery, or he may treat the contract as rescinded and sue for damages for the breach. Section 61 - Interest by way of damages and special damages (1) Nothing in this Act shall affect the right of the seller or the buyer to recover interest or special damages in any case where by law interest or special damages may be recoverable, or to recover the money paid where the consideration for the payment of it has failed. (2) In the absence of a contract to the contrary, the court may award interest at such rate as it thinks fit on the amount of the price-- (a) to the seller in a suit by him for the amount of the.....