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 |
The bailment of goods as security for payment of a debt or performance of a promise is called “pledge”. The bailor is in this case called “pawnor”. The bailee is called “pawnee”.