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The Sale Of Goods Act

Corporate & Other Laws

Who is a bona fide purchaser?

Nidhi S

CA Inter

★ 4K+

26-May-23 23:10

146

Answers (2)

Best Answer

If sale is completed then buyer becomes owner Buyer sells the goods to other person Such prison is called Bonafide purchaser And he is not having any defects about previous title Incase of bailment owner ship is not transferred then bailie is not possible to transfer title to bonafide purchaser

Modugula Narasimha Chowdary

CA Inter

★ 210

26-May-23 23:55

The person who acts as in good faith, without any notice of the real title over the purchased property. But purchases the property from a person who is not having a good title.