section 174
Pawnee not to retain for debt or promise other than that for which goods pledged
The Contract Act, 1977Civil1977192 sections
Statutory text
Pawnee not to retain for debt or promise other than that for which goods-pledged. Presumption in case of subsequent advances.-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.
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