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Section 26 – The Sale of Goods Act, 1930

The Sale of Goods Act, 1930

 

26. Risk Prima facie passes with property.-

 

Unless otherwise agreed, the goods remain at the seller’s risk until the property therein is transferred to the buyer, but when the property therein is transferred to the buyer, the goods are at the buyer’s risk whether delivery has been made or not.

 

Provided that, where deliver has been delayed through the fault of either buyer or seller, the goods are at the risk of the party in fault as regards any loss which might not have occurred but for such fault.

 

Provides also that nothing in this section shall affect the duties or liabilities of either seller or buyer as a bailee of the goods of the other party.

 

 

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The Sale of Goods Act, 1930

 

Indian Laws – Bare Acts

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