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The Sale of Goods Act, 1930

( ACT NO. III OF 1930 )

Chapter III


Transfer of Property as between Seller and Buyer

Specific goods in a deliverable state
20. Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when the contract is made, and it is immaterial whether the time of payment to the price or the time of delivery of the goods, or both, is postponed.

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