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Section 12 – The Sale of Goods Act, 1930

The Sale of Goods Act, 1930

 

12. Condition and warranty.-

 

(1) A stipulation in a contract of sale with reference to goods which are the subject thereof may be a condition or a warranty.

 

(2) A condition is a stipulation essential to the main purpose of the contract, the breach of which gives rise to right to treat the contract as repudiated .

 

(3) A warranty is a stipulation collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not to a right to reject the goods and treat the contract as repudiated.

 

(4) Whether a stipulation in a contract of sale is condition or a warranty depends in each case on the construction of the contract. A stipulation may be a condition.

 

 

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The Sale of Goods Act, 1930

 

Indian Laws – Bare Acts

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