Sale of Goods Act, 1930
46. Unpaid seller's rights
(1) Subject to the provisions of this Act and of any law for the
time being in force, notwithstanding that the property in the goods may have
passed to the buyer, the unpaid seller of goods, as such, has by implication of
law-
(a) a lien on the goods for the price while he
is in possession of them;
(b) in case of the insolvency of the buyer a
right of stopping the goods in transit after he has parted with the possession
of them;
(c) a right of re-sale as limited by this Act.
(2) Where the property in goods has not passed to the buyer, the
unpaid seller has, in addition to his other remedies, a right of withholding
delivery similar to and co-extensive with his rights of lien and stoppage in
transit where the property has passed to the buyer.