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Section 174 Contract Act — Pawnee not to retain for debt or promise other than that for which goods pledged. Presumption in case of subsequent advances

The Indian Contract Act, 1872 · Official PDF page 42

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174.Pawnee not to retain for debt or promise other than that for which goods pledged. Presumption in case of subsequent advances .—The pawnee shall not, in the absence of a contract to that effect, retain the goods pledged for any debt or promise other than the debt or promise for which they are pledged; but such contract, in the absence of anything to the contrary, shall be presumed in regard to subsequent advances made by the pawnee.

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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