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The Sale of Goods Act, 1930

( ACT NO. III OF 1930 )

Chapter V

RIGHTS OF UNPAID SELLER AGAINST THE GOODS

Unpaid Seller's Lien.

49 Termination of lien
49.(1) The unpaid seller of goods loses his lien thereon
 
 
(a) when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of disposal of the goods;
 
 
(b) when the buyer or his agent lawfully obtains posses-sion of the goods;
 
 
(c) by waiver thereof.
 
 
(2) The unpaid seller of goods, having a lien thereon, does not lose his lien by reason only that he has obtained a decree for the price of the goods.

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Ministry of Law, Justice and Parliamentary Affairs