where possession of goods will remain with the hypothecator. Thus, the hypothecator can be in possession of goods hypothecated and enjoy the same without causing ... distinction between pledge and hypothecation is, that in case of hypothecation the hypothecator can be in possession of the goods hypothecated and enjoy the same
hypothecation agreement. Hypothecation is understood in mercantile world as creation of charge on moveables in favour of hypothecatee by hypothecator where possession of goods will ... remain with the hypothecator. Thus, the hypothecator can be in possession of goods hypothecated and enjoy the same without causing any damage to the rights
entrustment' in an
hypothecation? Hypothecation is a mode of creating a security without
delivery of title or possession. Both ownership of the movable property ... property' by the hypothecatee (creditor) to the
hypothecator (debtor) in an hypothecation. When possession has
remained with the debtor/owner and when the creditor
hypothecation, the surety was not entitled to claim the protection of S. 141 of the Contract Act.
8. As in hypothecation, the possession ... surety, coupled with the fact that in case of hypothecation, the possession over the security, i. e., the goods, does not remain with the creditor
hypothecated goods also."
In the case at hand the hypothecated goods were lying in the corner of the factory in possession of the defendants ... case of hypothecation; the hypothecated goods do not remain in physical control of the creditor but remain under the actual and physical possession
PICUP and UPFC were already in
constructive possession and could take actual physical possession of the
hypothecated goods at any time. Clause 21 read ... actual physical Possession but the constructive possession a still of the
bank because according to the deed of hypothecation, the borrower
holds the actual physical
entitled to be discharged, as in a case of hypothecation, possession of the hypothecated goods is with the borrower and that it would be wrong ... creation of a notional charge under a deed of hypothecation and as possession of the hypothecated goods is always with the hypothecator, a wide door
possession of the goods or sell the same, the
other view is that even a hypothecatee has a
right to take possession of the hypothecated ... such contention of the
respondent-Bank that they can recover the possession of
hypothecated vehicle through their recovery agent at any
place at any time
where
possession of goods will remain with the hypothecator. Thus, the hypothecator can be
in possession of goods hypothecated and enjoy the same without causing ... actual physical possession of the same, but the constructive possession of the vehicle
was still with the hypothecator i.e. bank. It is abundantly clear
where
possession of goods will remain with the hypothecator. Thus, the hypothecator can be
in possession of goods hypothecated and enjoy the same without causing ... actual physical possession of the same, but the constructive possession of the vehicle
was still with the hypothecator i.e. bank. It is abundantly clear