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Basic query in law

(Querist) 01 October 2013 This query is : Resolved 
Q1)X ltd. Entered into a contract with Y ltd. To dispatch goods valuing Rs 1 lakh every month for six months upon receipt of entire payment. Y ltd accordingly made the payment.In the third month due to a natural calamity,Y ltd. Requested X ltd not to dispatch until further notice.

In the the above context:

Q1) Whether seller has transferred property in goods to Buyer?

Q2) Whether Seller has also transferred risks and rewards of ownership to buyer?
I will be very much thankful to you.
Sudhir Kumar, Advocate (Expert) 01 October 2013
academic query
Advocate Sastry (Expert) 01 October 2013
Academic query.
R.K Nanda (Expert) 01 October 2013
academic query.
Rajendra K Goyal (Expert) 01 October 2013
Academic query.


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