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Basic query in law

(Querist) 01 October 2013 This query is : Resolved 
Q1)X ltd. Entered into a contract with Y ltd. To dispatch goods valuing Rs 1 lakh every month for six months upon receipt of entire payment. Y ltd accordingly made the payment.In the third month due to a natural calamity,Y ltd. Requested X ltd not to dispatch until further notice.

In the the above context:

Q1) Whether seller has transferred property in goods to Buyer?

Q2) Whether Seller has also transferred risks and rewards of ownership to buyer?
I will be very much thankful to you.
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Sudhir Kumar, Advocate (Expert) 01 October 2013
academic query
Advocate Sastry (Expert) 01 October 2013
Academic query.
R.K Nanda (Expert) 01 October 2013
academic query.
Rajendra K Goyal (Expert) 01 October 2013
Academic query.

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