Lien contract act 1872
General lien of bankers, factors, wharfingers, attorneys and policy- brokers Agent's lien on principal's property This Act may be called the Contract Act, 1872. 17 Dec 2018 Show All Sections The Indian Contract Act, 1872 PRELIMINARY; CHAPTER I General lien of bankers, factors, wharfingers, attorneys and General lien of bankers, factors, wharfingers, attorneys and policy-brokers. Section 171 of Indian Contracts Act 1872. The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles
Show All Sections The Indian Contract Act, 1872 PRELIMINARY; CHAPTER I. OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS CHAPTER II. OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS Void agreements CHAPTER III. OF CONTINGENT CONTRACTS CHAPTER IV. OF THE PERFORMANCE OF CONTRACTS Contracts which must be performed
Indian Contract Act, 1872. 170. Bailee's particular lien. Where the bailee has, in accordance with the purpose of the bailment, rendered any service involving the 1The Contract Act, 1872. ( ACT NO. IX Of 1872 ). [ 25th April, 1872 ]. Chapter IX. OF BAILMENT. General lien of bankers, factors, wharfingers, attorneys and Indian Contract Act, 1872. 221. Agent's lien on principal's property. In the absence of any contract to the contrary, an agent is entitled to retain goods, papers, and General lien of bankers, factors, wharfingers, attorneys and policy- brokers Agent's lien on principal's property This Act may be called the Contract Act, 1872. 17 Dec 2018 Show All Sections The Indian Contract Act, 1872 PRELIMINARY; CHAPTER I General lien of bankers, factors, wharfingers, attorneys and General lien of bankers, factors, wharfingers, attorneys and policy-brokers. Section 171 of Indian Contracts Act 1872.
1The Contract Act, 1872. ( ACT NO. IX Of 1872 ). [ 25th April, 1872 ]. Chapter IX. OF BAILMENT. General lien of bankers, factors, wharfingers, attorneys and
The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles 3 Nov 2017 The sections in the Contract Act for liens are not exhaustive, and there is nothing preventing the parties from granting a right of lien (general or 22 Aug 2017 would submit that under Section 171 of the Indian Contract Act,. 1872, banker's lien cannot be exercised to money deposited by the petitioner. Section 70 of the Indian Contract Act. See State of West. Bengal v. B.K. Mondal 56. Ibid, at 124. 57. Law Commission of India, 13th Report (Contract Act, 1872). 22 Feb 2013 The Indian Contract Act 1872, Indian Bare Acts at Vakilno1.com, a website In mercantile system the Bank has a general lien over all forms of Sale not generally rescinded by lien or stoppage in transit Contract Act, 1872 save insofar as they are inconsistent with the express provisions of this Act,.
Indian Contract Act 1872 - Lien on Goods This video explains Basic concept of Lien, Particular Lien, General Lien and key distinction between them. To get the complete playlist on Bailment
Show All Sections The Indian Contract Act, 1872 PRELIMINARY; CHAPTER I. OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS CHAPTER II. OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS Void agreements CHAPTER III. OF CONTINGENT CONTRACTS CHAPTER IV. OF THE PERFORMANCE OF CONTRACTS Contracts which must be performed Liability of party preventing event on which contract is to take effect. 54. Effect of default as to the promise which should be performed, in contract consisting of reciprocal promises. 55. Effect of failure to perform at fixed time, in contract in which time is essential. 56. Agreement to do impossible act. 57
General Lien:According to the section 171 of the Indian Contract Act, 1872 in the absence of any contract to the contrary the Bailee can retain possession of goods or property for non-payment of expenses or remuneration against the general balance of the account. For instance, A borrows Rs. 1000 from the bank without security. Later he takes one more loan of Rs 5000 from the same bank against a security of gold. A pays backs Rs. 5000 but yet has not paid Rs 1000. So the bank can retain gold
section 171 of the indian contract act, 1872, is in two parts. the first part is in the absence of agreement to the contrary. the banker have a right to retain the security for a general .. term loan or cash credit account, in view of the terms of the agreement as well as in terms of the general lien of the bank as provided under section 171 of the indian contract act, 1872.16. before adverting to the merits of the respective contentions of the parties, it will be beneficial to reproduce
3 Nov 2017 The sections in the Contract Act for liens are not exhaustive, and there is nothing preventing the parties from granting a right of lien (general or 22 Aug 2017 would submit that under Section 171 of the Indian Contract Act,. 1872, banker's lien cannot be exercised to money deposited by the petitioner. Section 70 of the Indian Contract Act. See State of West. Bengal v. B.K. Mondal 56. Ibid, at 124. 57. Law Commission of India, 13th Report (Contract Act, 1872). 22 Feb 2013 The Indian Contract Act 1872, Indian Bare Acts at Vakilno1.com, a website In mercantile system the Bank has a general lien over all forms of Sale not generally rescinded by lien or stoppage in transit Contract Act, 1872 save insofar as they are inconsistent with the express provisions of this Act,.