general balance of account any goods bailed to it.
Section 171 of the Contract Act, however, is a recognition of the
right of general lien ... lien can be exercised by bankers and in which cases such lien cannot
be exercised by bankers will equally apply to exercise of lien under
dated
08.04.2019 and 08.01.2020
respectively letter of general lien and
set off dated 08.04.2019 in respect of
plaintiff No.1
9 18.02.2019 Loan ... dated
08.04.2019 and 09.01.2020
respectively letter of general lien and
set off dated 08.04.2019 in respect of
plaintiff No.1
10 27.09.2018 Loan amount
Section 170 talks about Bailee's particular
lien. Section 221 states that Agent has lien on the principal's property
under certain circumstances ... That leaves us with Section 171 . It reads as
follows:-
“171.General lien of bankers, factors, wharfingers,
attorneys and policy-brokers.—Bankers, factors, wharfingers,
attorneys
Contract Act, the second respondent has a right of general lien
over the title documents which were deposited by the petitioner. In
support ... case on hand. The second respondent cannot
have any right of general lien over the title documents which were
deposited by the petitioner in respect
Assistant General Manager vs The Tax Recovery Officer on 4 October, 2024
Author: Krishnan Ramasamy
Bench: Krishnan Ramasamy ... available, as per the
provisions of the bank under the General lien, the petitioner bank is entitled to
appropriate the amount towards its loan account
only question is that whether the respondents can
exercise right of general lien in respect of the property which was
deposited by the petitioner
held that "the bank never claimed any right of lien in
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Page 3 of 8
https://www.mhc.tn.gov.in/judis ... outstanding at any time and therefore, the Bank is having
General Lien over the pledged jewels for the amount due not only for the
gold
Bank towards the loan liability. The respondent Bank has right of general
lien and set off over the other securities of the petitioner. Therefore ... Further the respondent Bank has
right of general lien and set off over the securities of the petitioner.
Therefore, this Court does not find
covered
by Loan account No.008700960100001 without claiming to exercise any
general lien.
For Petitioner : Mr.G.Thangavel
For Respondent : Mr.V.Chandrasekaran
outstanding and the bank is also trying
to exercise the general lien over the said loan.
5. However the learned counsel for the petitioner would
