Tag: Section 176 Contract Act

PAWNEE CAN NOT SELL THE PLEDGED GOODS TO ONE OWN SELF UNDER THE CONTRACT ACT: Supreme Court

Monday May 30, 2022. BY | Banking and Finance

Supreme Court bench comprising Justices MR Shah and Sanjiv Khanna held in a recent judgment1 that under Section 177 of the Contract Act, 1872 (“Contract Act”), in case of default by the pawnor, the pawnee