Sale of Goods Act Section 29 — Sale by person in possession under voidable contract
CHAPTER III EFFECTS OF THE CONTRACT — Transfer of title
Commercial / Corporate
Summary
When the seller got the goods through a contract that could be cancelled under section 19 or section 19A of the Indian Contract Act, 1872, but that contract had not yet been cancelled at the time of the sale, the buyer still gets a good title to the goods. This applies only if the buyer purchases them in good faith and without knowing about the seller’s defect in title.
Official Text
When the seller of goods has obtained possession thereof under a contract voidable under section 19 or section 19A of the Indian Contract Act, 1872 (9 of 1872), but the contract has not been rescinded at the time of the sale, the buyer acquires a good title to the goods, provided he buys them in good faith and without notice of the seller’s defect of title.