Supreme Court, therefore, it cannot be gain said that the goods pledged by the respondents with the petitioners constituted entrustment within the definition of Section ... Bank bad no right to deal with the securities by way of pledge, sub-pledge or assignment until certain contingencies contemplated in the contract
loan is given by a Bank on the strength of the
pledge of gold ornaments and then sold, it could not be said that
there ... pledge may be assigned to a third
person by an assignment of the pawnee's interest or by a
sub-pledge made
Yabya Ali J. that an offence of criminal breach of trust by sub-pledging the jewels in a Native State by a pledgee of British
loan is given by a Bank on the strength of the
pledge of gold ornaments and then sold, it could not be said that
there ... pledge may be assigned to a third
person by an assignment of the pawnee's interest or by a
sub-pledge made
expression "all other debts" in both the
sub-sections. This would mean that the
priority clause enshrined in Section 11 will ... secured as well as unsecured
debts including a mortgage or pledge. Sub-
section (2) was designedly inserted in the
Act for ensuring that the provident
received gold ornaments from different persons by way of pledge and after doing so, sub-pledged them for higher amounts to other banks
received gold ornaments from different persons by way of pledge and after doing so, sub-pledged them for higher amounts to other banks, at Trichur
facility. The respondent herein, who was complainant before
District Consumer Forum had pledged his shares and obtained overdraft facility.
The limit of overdraft facility ... times whether before or after default
by me/us in such payment, pledge sub-pledge or re-pledge or (on giving me/us
reasonable notice
