Contract Act, 1872 deals with the
rights of a Pawnee where the Pawner make default. Section 176
Aswale 27/52
::: Uploaded on - 28/06/2016 ... NSCCL CP 3 OF 15.docx
reads as under:-
"176. Pawnee's right where pawnor makes default.--If the pawnor
makes default
transfer of special property in the subject of the security. A pawnee has no right of foreclosure since he never had absolute ownership ... pledge'. 'Bailor' is the 'Pawnor' and 'Pawnee' is the 'Bailee'.
15. Section 148 of the Contract
transfer of special property in the subject of the security. A pawnee has no right of foreclosure since he never had absolute ownership ... pledge'. 'Bailor' is the 'Pawnor' and 'Pawnee' is the 'Bailee'.
15. Section 148 of the Contract
transfer of special property in the subject of the security. A pawnee has no right of foreclosure since he never had absolute ownership ... pledge'. 'Bailor' is the 'Pawnor' and 'Pawnee' is the 'Bailee'.
15. Section 148 of the Contract
transfer of special property in the subject of the security. A pawnee has no right of foreclosure since he never had absolute ownership ... pledge'. 'Bailor' is the 'Pawnor' and 'Pawnee' is the 'Bailee'.
15. Section 148 of the Contract
