A seller's right to retain possession of goods until the seller has been paid is called a seller's lien.
A lien is a creditor's official authority to make a claim against a piece of property. In order for creditors like banks and credit unions to be paid what is owed to them, liens are frequently put on assets like homes and cars. Additionally, liens can be lifted to grant the owner a full and unencumbered title to the property.
Lien refers to the seller's legal right to retain possession of the goods until the buyer has paid the purchase price. According to Section 47 (1) of the Sale of Goods Act, 1930, a seller who is in possession of the goods but has not been paid may keep it until the buyer pays them. This is known as the right of lien.
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