Laws and regulations related to pledge

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction: Indian Contract Act, 1872 deals with the pledge. Pledge is a kind of bailment. It is also called as 'pawn'. If the good are bailed as security for payment of a [...]