Delhi HCSupreme CourtNCLTNCLATCCIDRTRERADPDP 2023
CorporateAct No. 3 of 1930In Force

The Sale of Goods Act, 1930

Governs contracts for the sale of movable goods in India. The Act defines key concepts such as the transfer of property in goods, conditions and warranties, rights of an unpaid seller, and buyer remedies. It forms the backbone of commercial transactions involving movable property and is read alongside the Indian Contract Act, 1872.

Sections
66
Ministry
Ministry of Commerce and Industry

Key Provisions

Definition of sale, agreement to sell, and goods
Transfer of property in goods — specific, ascertained, and future goods
Conditions and warranties implied in a contract of sale
Doctrine of caveat emptor and its exceptions
Duties of seller and buyer on delivery and payment
Rights of an unpaid seller: lien, stoppage in transit, resale
Auction sales and passing of risk
Remedies for breach — damages, specific performance

Related Practice Areas

sale of goodsmovable propertyconditions and warrantiesunpaid sellertransfer of propertycommercial contract

Section-by-Section Reference

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Indian government legislation is in the public domain under S.52(1)(q) of the Copyright Act, 1957. This reference is for educational purposes. Laws are amended frequently — verify the current text on the e-Gazette of India before relying on it for legal proceedings.