The pawnee shall not, in the absence of a contract to that effect, retain the goods pledged for any debt or promise other than the debt or promise for which they are pledged; but such contract, in the absence of anything to the contrary, shall be presumed in regard to subsequent advances made by the pawnee.
Indian Contract Act, 1872 Section 174 - Bare Act |
| State | Central Government |
| Year | 1872 |
| Section Title | Pawnee Not to Retain for Debt or Promise Other Than That for Which Goods Pledged. Presumption in Case of Subsequent Advances |
Act Info: