Examples under Unpaid Seller
Example 1: Sachin from Delhi sent goods to Rachin from Agra for an invoice price of ₹1,00,000. On arrival of the carrier in Agra, Rachin only paid ₹40,000/- and refused to pay the rest of the goods. Now, as Sachin has not received the full payment from Rachin, he will get the title of unpaid seller.
Example 2: Kaushik sold certain goods to Priyanka for ₹50,000. Priyanka paid ₹40,000 but failed to pay the balance. Kaushik is an unpaid seller as per the Sale of Goods Act 1930.
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