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Section 6: Existing or future goods.

The Sale of Goods Act, 1930Central Act · Act 3 of 1930

(1) The goods which form the subject of a contract of sale may be either existing goods, owned or possessed by the seller, or future goods.

(2) There may be a contract for the sale of goods the acquisition of which by the seller depends upon a contingency which may or may not happen.

(3) Where by a contract of sale the seller purports to effect a present sale of future goods, the contract operates as an agreement to sell the goods.

Where this provision sits

ActThe Sale of Goods Act, 1930
Section6
Marginal noteExisting or future goods.
JurisdictionCentral
StatusIn force as published by the source

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