Too thin oil may contribute, depending on the seal type. Other factors may be you overfilling, there may be too much bearing play, the seal may be damaged
(or worn), or the seal bearing point on the spindle may be damaged (or worn).
There must be provision for draining the headstock and usually some form of level device. Doubtless the drain will be at the lowest level of the box and the upper level device may be a dip stick or level plug. Both should be fairly easy to find by observation.
Do tell us the seal type. Is it a lip seal, felt seal, or other? Lip seals require a good sealing contact point, but can be displaced slightly to use a different sealing point on the shaft. Felt seals usually have a thrower to prevent direct and continual immersion of the seal in oil. Some seals do not have any seal, per se, but actually 'screw' the thrown oil back towards the gearbox.
The last, but not least, reason for leakage may be a blocked breather, causing a pressure difference between the interior and exterior of the headstock.
Edited By not done it yet on 25/07/2016 06:41:23