Indian Contract Act, 1872
Section - 174 - Pawnee not to retain for debt or promise other than that for which goods pledged—Presumption in case of subsequent advances
Pawnee not to retain for debt or promise other than that for which goods pledged-Presumption in case of subsequent advances
174. The pawnee shall not, in the absence of a contract to that effect, retain the goods pledged for any debt or promise of 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.
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