If a time is stipulated for the payment of the debt, of performance of the promise, for which the pledge is made, and the pawnor makes default in payment of the debt or performance of the promise at the stipulated time, he may redeem the goods pledged at any subsequent time before the actual sale of them ; but he must, in that case, pay, in addition, any expenses which have arisen from his default.
Section 177: Defaulting pawnor's right to redeem.
The Indian Contract Act, 1872Central Act · Act 9 of 1872
Where this provision sits
| Act | The Indian Contract Act, 1872 |
|---|---|
| Section | 177 |
| Marginal note | Defaulting pawnor's right to redeem. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- other. . For limitation, see the Limitation Act, 1963 (36 of 1963), the Second Schedule.
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