Bare ActsThe Indian Contract Act, 1872

Section 174

Pawnee not to retain for debt or promise other than that for which goods pledged.

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

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.

Amended up to 2018-12-17View on India Code →
Section 174 – The Indian Contract Act, 1872 | DailyLaw.ai