Mera Samvidhaan All of Indian Contract Act, 1872

Chapter IX · Of Bailment

174Pawnee not to retain for debt or promise other than that for which goods pledged. Presumption in case of subsequent advances.

Section 174 · Chapter IX · Bailments of Pledges · page 42 of the Act

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.

Section 174 of The Indian Contract Act, 1872 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.