VidhiSangh

Indian Contract Act, 1872

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

Chapter IX — Of Bailment

174. Presumption in case of subsequent advances. — 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.