wrongful act, for if such sub-pledging was within the rights of the pledgee, that is the peti-tioner,any sub-pledging by him cannot ... ordinary law to make a sub-pledge and there is certainly no other evidence to show that the sub-pledges were made with a dishonest
bank had no right to
deal with the securities by way of pledge, sub-pledge or
assignment. In this connection our attention was invited ... tanto in those securities and might then have
been entitled to pledge or sub-pledge the securities with a
third party. But so long
Subsequently, two of the three ornaments so Sub-pledged were redeemed and were again Sub-pledged with the defendant No. 4. The plaintiff paid ... that if a person with a limited interest in goods pledges them, the pledge is valid to the extent of that interest only. The principle
turn, sub-
pledged them to defendant No.3. Two of the three ornaments sub-
pledged were redeemed and were again sub-pledged with defendant ... sub-pledged to the appellant the
ornaments which the plaintiff had pledged to him, Manni
Ram having only a limited interest in them the pledge
pledge notice that the pawnor has no authority to pledge.
15. Section 179 of the Indian Contract Act provides that where a person pledges goods ... throughout the entire period of the pledge, the pawnor continues to be the owner of the goods pledged and the juridical possession also continues
received gold ornaments from different persons by way of pledge and after doing so, sub-pledged them for higher amounts to other banks. According to the prosecution, these amounted to acts of criminal breach of trust as in sub
Ptc India Financial Services Ltd. vs Mr. Venkateshwarlu Kari on 12 May, 2022
Author: Sanjiv
voting rights of the
company, under sub-regulation 1 to Regulation 11 or under second
proviso to sub-regulation 2 to Regulation 11 , shall disclose ... stock exchange within two days of creation of the pledge. Sub-
regulation (2A) to Regulation 7 states that the stock exchange shall
immediately display
Gtl Limited vs Ifci Ltd. & Ors. on 29 August, 2011
Author: Manmohan Singh
Bench
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
