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Future Goods, Contingent Goods, and Existing Goods Under Section 6: How the Nature of Goods Dictates Contractual Obligations
Table of Contents Why the Classification of Goods Is Not Merely Academic The Statutory Framework: Section 6 and the Definitions it Draws Upon Existing Goods: The Three Sub-Categories Future Goods: Section 2(6) and the Agreement-to-Sell Rule Contingent Goods: Section 6(2) and the Uncertain Event How the Classification Dictates Passing of Property Perishing of Goods and the Classification Nexus Practical Illustrations and Problem-Solving Conclusion Frequently Asked Questions Wh
Umang
May 1715 min read


Hire-Purchase vs Contract of Sale: The Sundaram Finance Ltd. v State of Kerala Test and Its Sales Tax Implications
Table of Contents The Commercial Problem Behind the Legal Question The Statutory Definition: What Is a Hire-Purchase Agreement? The Structural Difference: Sale vs Hire-Purchase at a Glance The Borderline: When an Instalment Agreement Is Not a Hire-Purchase The Sales Tax Battlefield M/s. K.L. Johar & Co. v Commissioner of Tax Officer (AIR 1965 SC 1082) Sundaram Finance Ltd. v State of Kerala (AIR 1966 SC 1178): The Definitive Test The Hirer's Rights of Assignment: D.E. Kasisah
Umang
Apr 2715 min read


Sales of Goods Act Notes
Chapter 1: Contract of Sale Contract of Sale Chapter 2: Conditions and Warranties Condition and Warranties Caveat Emptor Chapter 3:...

De Facto
May 31, 20241 min read


THE SALE OF GOODS ACT (Landmark Judgement)
M/s. K.P. Mozika v Oil and Natural Gas Corporation Ltd. & Ors. (2024) The Supreme Court has held that the hiring of motor vehicles/cranes...

Content Desk
May 3, 20242 min read


Right of Resale in Sale of Goods Act
Content:- When right arises? Loss or Profit on Resale Resale When Properly Made ? Reservation of Right of Resale Title of the New Buyer...

Content Desk
May 3, 20245 min read


Stoppage in Transit in Sale of Goods
Content:- Requirements of Stoppage in Transit Commencement and End of Transit (1) Delivery to the buyer [S.51(1)] (2) Interception by the...

Content Desk
May 3, 20248 min read


Lien in Sale of Goods Act
Content:- Introduction Who is an unpaid seller? Section 45 of Sale of Goods Act Rights of Unpaid Seller Lien Legal Incidents of Lien Lien...

Content Desk
May 3, 20248 min read


Buyer's Duty in Sale of Goods Act
Content:- Duty to Accept Goods Right of Examination Acceptance Payment Duty According to Section 31 of the Sale of Goods Act, the buyer's...

Content Desk
May 3, 20242 min read


Delivery by Instalment in Sale of Goods
Content:- Legal Framework Factors in Determining the Nature of Breach Case Laws Vishnu Sugar Mills v. Rameshwar Jute Mills Conclusion...

Content Desk
May 3, 20245 min read
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