Bare ActsThe Andhra Pradesh Pawn Brokers Act, 2002

Section 12

Redemption of pledge- Every pledge shall be redeemable within two years from the day of pawning, exclusive of that day

Amendment status not verified — confirm the current text below against the official source.

Redemption of pledge- Every pledge shall be redeemable within two years from the day of pawning, exclusive of that day. Explanation:- where the contract between the parties provides a longer period for redemption than two years, the provisions of this section shall be read and construed as if the references to such longer period had been substituted for the references to the period of two years therein.

Section 12 – The Andhra Pradesh Pawn Brokers Act, 2002 | DailyLaw.ai