Contract act 171 to 180
Contract from section 171 to 180 Section 171 . General lien of bankers ,factors ,wharfingers , attorneys and policy brokers ---- Bankers ,factors , wharfingers,attorneys of a high court and policy brokers may ,in the absence of a contract to the contrary retain as a security for a general balance of account ,any goods bailed to them but no other person have right to retain as a security for such balance ,goods bailed to them unless there is an express contract to that effect 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 pawnee. Section 173 ----pawnee 's right of retainer----the pawnee may retain the goods pledged not only for payment of the debt or the performance of the promise but for the interests of the debt and all necessary expenses incurred by him in respect of the possession or for the...