Friday, 22, May, 2026
 
 
 
Expand O P Jindal Global University
BARE ACTS

Category SideBar

Section 177. Defaulting pawnor’s right to redeem


Category of Bare Act Name of the Act Year of Promulgation
Civil Laws Indian Contract Act, 1872 1872
Act Number Enactment Date Chapter Number
9 1872-04-25 9
Chapter Title Ministry Department
Of bailment Ministry of Law and Justice, Legislative Department Department of Law and Legislative Affairs

If a time is stipulated for the payment of the debt, or performance of the promise, for which the pledged 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;1 but he must, on that case, pay, in addition, any expenses which have arisen from his default.

——————————–

  1.   For limitation, see the Limitation Act, 1963 (36 of 1963), Schedule 1.

Help us improve! Please suggest corrections.
 

Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 
 

Related judgement on Section 177. Defaulting pawnor’s right to redeem