Section 178A Indian Contract Act 1872 (Pledge by person in possession …)
Section 178A Indian Contract Act 1872
Section 178A of the Indian Contract Act 1872 is about Pledge by person in possession under voidable contract. It is under “Bailments of pledges” of CHAPTER IX of the Act. CHAPTER IX is titled OF BAILMENT.
Pledge by person in possession under voidable contract
When the pawnor has obtained possession of the goods pledged by him under a contract voidable under section 19 or section 19A, but the contract has not been rescinded at the time of the pledge, the pawnee acquires a good title to the goods, provided he acts in good faith and without notice of the pawnor’s defect of title.
See also:
Section 178 Indian Contract Act 1872 (Pledge by mercantile agent)