Bhagwanji and Co. v Mohamedbhai and Co. Ltd (Civil Suit No. 963 of 1952)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
An unpaid seller who becomes a bailee of goods retains a lien under section 41 of the Sale of Goods Ordinance. Under sections 48(2) and (3), an unpaid seller exercising a lien may resell goods after giving notice if the buyer fails to pay within a reasonable time. Where the market price had dropped significantly and the market was flooded, the resale price obtained was fair and reasonable in the circumstances.
Outcome
Plaintiffs awarded damages for breach of contract
Facts
In March 1951, plaintiffs contracted to sell corrugated steel sheets to defendants, with payment by sight draft. Defendants could not pay and requested plaintiffs retain the goods, agreeing to pay 6% interest and storage charges. Plaintiffs became bailees and held the goods. Defendants paid four instalments totalling Sh. 4,520 between April and June 1951. Despite repeated requests through 1951 and early 1952, defendants failed to pay the balance and collect the goods. On 4 June 1952, plaintiffs gave seven days' notice that they would resell if payment was not made. Defendants failed to pay. On 15 July 1952, plaintiffs resold the goods to M. R. Ghai & Sons at a significant loss due to a collapsed market. Plaintiffs sued for the difference between purchase and resale price, plus interest and storage charges.
Issues
- Whether an unpaid seller who has become a bailee of goods retains a lien on those goods under section 41 of the Sale of Goods Ordinance.
- Whether an unpaid seller exercising a right of lien may resell goods after giving notice to the buyer under section 48 of the Sale of Goods Ordinance.
- Whether the resale of the goods was at a fair market price.
Orders
- Judgment for the plaintiffs as prayed.
Rules and key headnotes
Legislation cited (3)
- Sale of Goods Ordinance (Cap. 290) s.41
- Sale of Goods Ordinance (Cap. 290) s.48(2)
- Sale of Goods Ordinance (Cap. 290) s.48(3)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.