Bare Act · Indian Contract Act, 1872 · Chapter IX

Chapter IX · Sections

148 · “Bailment”“bailor” and “bailee”... 149 · Delivery to bailee how made. 150 · Bailor’s duty to disclose faults... 151 · Care to be taken by bailee. 152 · Bailee when not liable for loss,... 153 · Termination of bailment by... 154 · Liability of bailee making... 155 · Effect of mixture, with bailor’s... 156 · Effect of mixture without bailor’s... 157 · Effect of mixture, without... 158 · Repayment, by bailor, of necessary... 159 · Restoration of goods lent... 160 · Return of goods bailed, on... 161 · Bailee’s responsibility when goods... 162 · Termination of gratuitous bailment... 163 · Bailor entitled to increase or... 164 · Bailor’s responsibility to bailee. 165 · Bailment by several joint owners. 166 · Bailee not responsible on... 167 · Right of third person claiming... 168 · Right of finder of goods, may sue... 169 · When finder of thing commonly on... 170 · Bailee’s particular lien. 171 · General lien of bankers, factors,... 172 · “Pledge”“pawnor”,and “pawnee”... 173 · Pawnee’s right of retainer. 174 · Pawnee not to retain for debt or... 175 · Pawnee’s right as to extraordinary... 176 · Pawnee’s right where pawnor makes... 177 · Defaulting pawner’s right to... 178 · Pledge by mercantile agent. 178A · Pledge by person in possession... 179 · Pledge where pawnor has only a... 180 · Suit by bailor or bailee against... 181 · Apportionment of relief or...

177

Defaulting pawner’s right to redeem.

If a time is stipulated for the payment of the debt, or performance of the promise, for which the pledge 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 them²; but he must, in that case, pay, in addition, any expenses which have arisen from his default.

Footnotes (from the official text)

² For limitation, see the Limitation Act, 1963 (36 of 1963), the Second Schedule.

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