Section
172-
"Pledge" "pawnor" and "pawnee" defined
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 the "pawnor". The bailee is called the "pawnee".
Indian Contract Act, 1872
Judgement(s) Found in :
Indian Contract Act, 1872
Section 172