maritime liens.
Next in order of priority are maritime liens; these usually rank above mortgages and statutory liens. A mortgage generally has precedence over ... statutory lien. A possessory lien ranks after all liens which have attached before, and before all liens which attach after, the possessory lien holder
Section 171 of the Contract Act, 1872
which deals with the general lien of Bankers.
It is contended that Mrs. Aparna Pupneja, Mrs. Shivani Pupneja ... Bank on Section 171 of the Contract Act,
which provides for general lien of a banker to retain a security without an
express contract
applicant. The contention of the
applicant bank that they have a general lien in respect of all the properties of
the respondents is without ... Section 171 of the Contract Act,
the applicant bank has a general lien on the goods that has been offered as a
security. He would
Agrawal. Even otherwise also, submission is that the bank had a general lien over all the accounts in view of the open cash credit facility ... with the bank and indebted to the bank and bank has general lien.
Thereafter, it appears that being aggrieved by the recovery proceedings
services he
has rendered in respect of them.
171. General lien of bankers, factors, wharfingers,
attorneys and policy brokers -
Bankers, factors, wharfingers, attorneys ... 1397/2000 Page 17 of 31
the other hand the general lien contemplated by Section 171 of
the Contract Act only enables the retention
specific agreement in relation to those shares between the parties. A general lien contemplated under Section 171 of the Contract Act cannot have overriding effect ... Indian Contract Act which assures the petitioner to have general lien over whatever the assts of the respondent company available to the petitioner and considering
laid down any
law that the Bank can exercise its general lien under
Section 171 of the Contract Act over the properties of
the surety ... England and in India have held that the Bank
can exercise general lien over the properties of a
customer for the general balance in such
said dues, relatable to woolen rags, that the Board has a general lien on the
subsequent consignment of acrylic fibre. This contention is clearly untenable ... clear that the said provisions do not contemplate a general lien as
contended by the appellants. The High Court, in our opinion, was right
done by the Bank in exercise of its right of general lien.
2. Mr. Talukdar, learned Counsel for the petitioners submitted that the action ... personal accounts of the guarantors in exercise of its right of general lien. He has referred to the decision of the Apex Court : Kailash Nath
express contract to that effect.
8. He referred to general lien and relied on Syndicate Bank v. Vijay Kumar (1992) SCC 330: 74 Comp ... guarantee was discharged, it was held that the bank retained the general lien on the fixed deposit for the payment of its claim against
