have stated that they have got the power to exercise a
general lien under Section 171 of the Contract Act. According to them,
exercising ... power of general lien, they have not returned the
original title deeds to the petitioner for non-repayment of the car loan
by the petitioner
services he has
rendered in respect of them."
"171. General lien of bankers, factors,
wharfingers, attorneys and police-brokers. -
Bankers, factors, wharfngers, attorneys ... liens
Shivgan
21/26
18-AOST-93898-
2020.odt
but 'general liens. If read carefully, 3 rd June message,
does not suggest, goods were
Supreme Court, inter-alia, held that the Bank has a general lien over all forms of securities or negotiable instruments, deposited by or on behalf ... customers in the ordinary course of banking business and such a general lien is a valuable right of the banker, judicially recognised
contended that the Bank cannot retain the
document, as general lien and sought for the return of the same. Hence, the petition.
5. The respondents ... Section 171 of the Contract Act readsa as follows :
171. General lien of bankers, factors, wharfingers, attorneys and policy-brokers.—
Bankers, factors, wharfingers, attorneys
4311/2018
defendant had executed Demand Promissory Note, Letter of
General Lien and set off for Borrowing arrangements form the
borrowers,General Undertaking and Agreement ... defendant executed Demand Promissory Note, Letter of
General Lien and Set-off for borrowing arrangements from the
borrowers, General Undertaking, Letter of Hypothecation
became about Rs.1,28,000/- and the bank under the general lien recovered the amount of Rs.1,25,783/- from the account ... contrary to this general provision. Hence, we agree with the observation of the State Commission that the bank had the general lien on the amount
documents like demand promissory note
dtd:15/7/2017, letter of General Lien and set off for
borrowing arrangement from the borrower ... executing on demand promissory
note dtd:15/7/2017, letter of general lien, general under
taking and agreement of hypothecation dtd:12/5/2017
Section 171 of the Indian Contract Act reads as follows:
“171. General lien of bankers,
factors, wharfingers, attorneys and policy
brokers
Bankers, factor, wharfingers, attorneys ... second respondent bank has got the power to exercise general lien in
respect of outstandings due to them. The petitioner, being a defaulter
Section 171 of the Indian Contract Act reads as follows:
“171. General lien of bankers,
factors, wharfingers, attorneys and policy
brokers
Bankers, factor, wharfingers, attorneys ... second respondent bank has got the power to exercise general lien in
respect of outstandings due to them. The petitioner, being a defaulter
letter of
8 SC 888/2020
SCCH-25
general lien dated 21.03.2012, Ex.P.6 is the B register
exract ... Plaintiff has produced sanction letter, deed of
hypothecation and letter of general lien as per Exs.P.2
& P.4 which is signed