The unpaid vendor can re-sell the goods—
1)Â Â Â Â without notice to the buyer if the goods are perishable goods and
2)Â Â Â With notice to the buyer of his intention to re-sell. If the goods are not perishable.
He can retain the profit resulting form such re-sale and claim damages from the original buyer for loss if any. But if he does not give notice to the buyer of his intention to re-sell the goods where necessary, he must pay back the surplus or profit to the original buyer and bear the loss, if any.
42 Comments