What is Pledge? Who is pawnor and pawnee defined? Section 172 of Indian Contract Act 1872
172. 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 the "pawnor". The bailee is called the "pawnee".
Bailment of pledges
Suits by bailees or bailors against wrong-doers
CHAPTER X AGENCY
Appointment and authority of agents