Section 179 of the Indian Contract Act, 1872 – Pledge where pawnor has only a limited interest

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Section 179: Pledge where pawnor has only a limited interest

Where a person pledges goods in which he has only a limited interest, the pledge is valid to the extent of that interest.

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

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