Section 174 of the Indian Contract Act, 1872 – Pawnee not to retain for debt or promise other than that for which goods pledged

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Section 174: Pawnee not to retain for debt or promise other than that for which goods pledged

The pawnee shall not, in the absence of a contract to that effect, retain the goods pledged for any debt or promise 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.

Source: official text of The Indian Contract Act, 1872 as published on India Code (PDF). All sections of the Indian Contract Act, 1872.