Income Tax Department

Ministry of Finance, Government of India

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Section 178A

Pledge by person in possession under voidable contract

Section

Section Number

178A

Chapter

IX - OF BAILMENT

Act

Indian Contract Act, 1872

Year

Pledge by person in possession under voidable contract

Pledge by person in possession under voidable contract

Pledge by person in possession under voidable contract

178A. When the pawnor has obtained possession of the goods pledged by him under a contract voidable under section 19 or section 19A, but the contract has not been rescinded at the time of the pledge, the pawnee acquires a good title to the goods, provided he acts in good faith and without notice of the pawnor's defect of title.]

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