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Section 178A -The Indian Contract Act, 1872

The Indian Contract Act, 1872

 

178A. Pledge by person in possession under voidable contract –

 

1[178A. Pledge by person in possession under voidable contract.—When the pawnor has obtained possession of the other goods pledged by him under a contract voidable under section 19 of section 19A, but the contract has not been rescinded at the time of the pledge, the pawnee acquired a goods title to the goods, provided he acts in good faith and without notice of the pawnor’s defect of title.

 

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 1.  Sections 178A subs. by Act 4 of 1930, sec. 2, for original section 178.

 

 

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The Indian Contract Act, 1872

 

 

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