Rights of Pawnee/Pledgee | Contract of Pledge (Contract Act 1872)

Hey Everyone! In this video the concept of "Contract of Pledge" is explained with reference to Rights of a Pawnee/Pledgee alongwith illustrations of the Indian Contract Act 1872. Following provisions of the Indian Contract Act deals with it : 》Section-173 Pawnee's right of retainer 》Section-174 Pawnee not to retain for debt or promise other than which goods pledged - Presumption in case of subsequent advances 》Section-175 Pawnee's right as to extraordinary expenses incurred 》Section-176 Pawnee's right where Pawnor makes default My courses • Law of Torts :    • Law of Torts   • Contract Act 1872 (General Contract)    • Contract Act 1872 (General Contract)   Link of previously covered chapters is below 1) Contract of Indemnity (Section-124)    • Contract of Indemnity | Section-124 (Contr...   2) Contract of Indemnity (Section-125)    • Contract of Indemnity | Section-125 (Contr...   3) Contract of Guarantee (Section-126)    • Contract of Guarantee defined | Section-12...   4) Essentials of a valid contract of guarantee (Section-127,142,143)    • Essentials of a valid contract of Guarante...   5) Nature of surety's liability (Section-128)    • Nature of Surety's Liability | Section-128...   6) Rights of Sureties (Section-140,141,145)    • Rights of Surety | Section-140,141,145 | C...   7) Rights and Liabilities of Co-Sureties (Section-138, 144, 146, 147)    • Rights & Liabilities of Co-Sureties | Sect...   8) Kinds of Guarantee    • Kinds of Guarantee | Section-129,130,131,1...   9) Discharge of Surety from Liability    • Discharge of Surety from Liability | Contr...   10) Contract of Bailment (Section-148)    • Bailment, Bailor and Bailee defined | Sect...   11) Essentials of a valid contract of Bailment    • Essentials of a valid contract of Bailment...   12) Kinds of Bailment    • Kinds of Bailment | Contract of Bailment (...   13) Duties of a Bailor    • Duties of a Bailor | Contract of Bailment ...   14) Duties of a Bailee    • Duties of a Bailee | Contract of Bailment ...   15) Rights of a Bailee    • Rights of a Bailee | Contract of Bailment ...   16) Rights of a Bailor    • Rights of a Bailor | Contract of Bailment ...   17) Pledge,Pawnor and Pawnee defined    • Section-172 Pledge, Pawnor, Pawnee defined...   18) Essentials of Pledge    • Essentials of Pledge | Section-172 (Contra...   19) Who can Pledge    • Who can Pledge | Pledge by non-owners (Con...   **************************************************** Hope you have enjoyed and learned in an easy way **************************************************** #contractact#contractofpledge#section172#pledgedefined#rightsofpledgee