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Section 171 Contract Act — General li en of bankers, factors, wharfinger s, attorneys and policy -brokers

The Indian Contract Act, 1872 · Official PDF page 42

Open in NyayaOfficial PDF, page 42

171.General li en of bankers, factors, wharfinger s, attorneys and policy -brokers.—Bankers, factors, wharfingers, attorneys of a High Court and policy-brokers may, in the absence of a contract to the contrary, retain as a security for a general balance of account, any goods bailed t o them; but no other persons have a right to retain, as a security for such balance, goods bailed to them, unless there is an express contract to that effect1. Bailments of Pledges

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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