INDIAN CONTRACT ACT 1872

NOTES: BAILMENT OF PLEDGE

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Section 172 of the act defines ‘Pledge’, ‘pawnor’ & ‘pawnee’. Pledge is defined as bailment of goods as a security for the payment of a debt.

This Article is written by Hia Sharma student of Himachal Pradesh National Law University Shimla. What is contract of pledge? Section 148 of The Indian Contract Act, 1872, hereinafter referred to as the ‘Act’, defines bailment as the ‘delivery of goods by one person to another person to serve for some purpose’. There is a contract that … Read more

COVID-19 AS FORCE MAJEURE

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INTRODUCTION Novel Coronavirus or COVID-19 has emerged as a Pandemic. On  January 30, 2020 it was declared as a Public Health Emergency of International level by the World Health Organisation (WHO). On March 11, 2020, the Director of WHO declared it as a Pandemic. Starting from one region of China, now the disease has conquered … Read more