Meaning of Pledge by Non-Owner Normally, only the owner of goods has the right to create a valid pledge. However, under certain circumstances, even a […]
Tag: indian contract act 1872
8. Indemnity
Indemnity – Meaning and Definition The term indemnity means to make good the loss of another person. Under Section 124 of the Indian Contract Act, […]
3. Pledge. Ackons Outing tar Cornmonobieft
Pledge – Definition and Nature A Pledge is defined under Section 172 of the Indian Contract Act, 1872 as the bailment of goods as security […]
2. Kinds of Guarantee.
Kinds of Guarantee Under the Indian Contract Act, 1872, particularly Sections 126–147, a contract of guarantee is an agreement to perform the promise or discharge […]
1. Rights of Indemnity Holder.
Rights of Indemnity Holder The concept of indemnity is covered under Sections 124 and 125 of the Indian Contract Act, 1872. Section 124 defines a […]
21.X, a customer has deposited jewels worth 50000/- for safe custody in a Bank. Later he became a Debtor to the Bank. Explain the Rights of the Banker?
Facts of the Case Issues in the Case Principles Associated with It Judgement / Legal Remedy