Rights of an unpaid seller against the goods: As per the provisions of Section 46 of the Sale of Goods Act, 1930, notwithstanding that the property in the goods may have passed to the buyer, the unpaid seller of goods, as such, has by implication of law-\n(a) a lien on the goods for the price while he is in possession of them;\n(b) in case of the insolvency of the buyer, a right of stopping the goods in transit after he has parted with the possession of them;\n(c) a right of re-sale as limited by this Act. [Sub-section (1)] \nWhere the property in goods has not passed to the buyer, the unpaid seller has, in addition to his other remedies, a right of withholding delivery similar to and co-extensive with his rights of lien and stoppage in transit where the property has passed to the buyer. [Sub-section (2)]\nThese rights can be exercised by the unpaid seller in the following circumstances: \n(i) Right of lien (Section 47): According to sub-section (1), 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:-\n(a) where the goods have been sold without any stipulation as to credit;\n(b) where the goods have been sold on credit, but the term of credit has expired;\n(c) where the buyer becomes insolvent. \n(ii) Right of stoppage in transit (Section 50): When the buyer of goods becomes insolvent, the unpaid seller who has parted with the possession of the goods has the right of stopping them in transit, that is to say, he may resume possession of the goods as long as they are in the course of transit, and may retain them until paid or tendered price of the goods. \n(iii) Right to re-sell the goods (Section 54): The unpaid seller can exercise the right to re-sell the goods under the following conditions: \n1. Where the goods are of a perishable nature \n2. Where he gives notice to the buyer of his intention to re-sell the goods\n3. Where an unpaid seller who has exercised his right of lien or stoppage in transit resells the goods\n4. A re-sale by the seller where a right of re-sale is expressly reserved in a contract of sale\n5. Where the property in goods has not passed to the buyer
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