Sale by Non Owners | Nemo dat quod non habet | Sale of Goods Act, 1930 | BRF for B.Com & CA | #law

SALE BY NON-OWNERS General Rule: There is a general rule of law that "nemo dat quod non habet" i.e. no one can give what he has not got. No one can convey to a transferee a better title than he himself has. For example, if A steals an article and sells it to-B, B does not become the owner of the goods. Only the owner can sell the goods and can pass a valid title to the buyer In case, the seller has no title, the buyer gets none, in spite of the fact the buyer may have acted in good faith and may have paid the value for the goods. Thus, the mere fact of an innocent and bonafide purchaser from a person with no title is no answer to the claim of the true owner. This rule applies equally to movable or immovable goods. #saleofgoodsact1930 #law #lawmarathon #icai #vnsgu #bcom #sem6 #learnwithhimanshunandwani #online #youtube #contentcreator #teacher #education #salebynonowners #nemodatquodnonhabet #icai