Refer to SAle in transit. Kindly confirm can a buyer further endorse the doc for sale in transit w/o knowledge of Consignor. for Example :
A despatch the goods to B, during movment of goods B further endorse the LR to C w/o knowledge of consignor , as at the time of despatch there was no such intention of Buyer. Now B is asking for E-1 form & ready to provide the C- form , also B has received the C form from C. B has completed all the formalities of SAle In transit. but Only he has not taken the consent of Consignor.
your expert advice is required on the issue.
Regards.......Vikas Kapoor
CAclubindia
