Section 179 of ICA : Section 179: Pledge Where Pawnor Has Only A Limited Interest
ICA
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Explanation using Example
Imagine that Rahul has borrowed a camera from his friend, Priya, with the agreement that he can use it for a month. Rahul then goes to a pawnbroker and pledges the camera as collateral for a short-term loan, without telling Priya. According to Section 179 of ...
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