Atharv Sankliya 15 February 2022
Palak batra 18 February 2022
Dear Querist,
The Indian Sale of Goods Act, 1930 is a mercantile Law. The Indian Sale of Goods Act of 1930 was a market law which came into being on 1 July 1930 in the British Raj. It shall lay down contracts where the seller transfers the right (ownership) of the goods or agrees to move them to the buyer. This applies to the whole of India. The Act includes the selling of merchandise from owner to customer at a certain price and for a certain time span. The term 'Indian' was also withdrawn with effect from 22 September 1963. This Act is now known as the 'The Sale of Goods Act, 1930.'
Regards,
palak