Section 172 of Indian Contract Act
“The bailment of goods as security for payment of a debt or performance of a promise is called “pledge“. The bailor is in this case called “pawnor“. The bailee is called “pawnee“.”
- Lallan Prasad v. Rahmat Ali & Anr. 1967 SCR (2) 233 [Summary] [Full Text]
- The Morvi Mercantile Bank Ltd. And Anr. v. Union of India 1965 SCR (3) 254 [Summary] [Full Text]
- The Official Assignee of Madras v. The Mercantile Bank Of India Ltd. (1935) 37 BOMLR 130 [Summary] [Full Text]
- Karnataka Pawn Brokers Association and Ors. v. State of Karnataka and Ors. [Summary] [Full Text]
- Bank of Rajasthan v. Hajarimal Milap C. Surana [Summary]