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Section 178A - Pledge by person in possession under voidable contract : Indian Contract Act 1872

 

What is Pledge by person in possession under voidable contract? Section 178A of Indian Contract Act 1872

Section 178A of Indian Contract Act 1872 : "Pledge by person in possession under voidable contract"

178A. When the pawnor has obtained possession of the goods pledged by him under a contract voidable under section 19 or section 19A, but the contract has not been rescinded at the time of the pledge, the pawnee acquires a good title to the goods, provided he acts in good faith and without notice of the pawnor's effect of title.

 

 

INDIAN CONTRACT ACT 1872

Section 166 - Bailee not responsible on redelivery to bailor without title

Section 167 - Right of third person claiming goods bailed

Section 168 - Right of finder of goods, may sue for specific reward offered

Section 169 - When finder of thing commonly on sale may sell it

Section 170 - Bailee's particular lien

 

 

Section 171 - General lien of bankers, factors, wharfingers, attorneys and policy-brokers

Bailment of pledges

Section 172 - Pledge pawnor and pawnee defined

Section 173 - Pawnee's right of retainer

Section 174 - Pawnee not to retain for debt or promise other than that for which goods pledged. Presumption in case of subsequent advances

Section 175 - Pawnee's right as to extraordinary expenses incurred

 

 

Section 176 - Pawnee's right where pawnor makes default

Section 177 - Defaulting pawnor's right to redeem

Section 178 - Pledge by mercantile agent

Section 178A - Pledge by person in possession under voidable contract

Section 179 - Pledge where pawnor has only a limited interest

Suits by bailees or bailors against wrong-doers

Section 180 - Suit by bailor or bailee against wrong-doer

 

 

Section 181 - Apportionment of relief or compensation obtained by such suits

CHAPTER X AGENCY
Appointment and authority of agents

Section 182 - Agent and principal defined

Section 183 - Who may employ agent

Section 184 - Who may be an agent

Section 185 - Consideration not necessary

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