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Companies Law - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Pledgee’s and Pledgor’s Rights and duties u/s 176 - The ...


Section 176: Mandatory Rights and Duties of Pledgees and Pledgors Cannot Be Overridden by Contract.

August 12, 2013

Case Laws     Companies Law     HC

Pledgee’s and Pledgor’s Rights and duties u/s 176 - The provisions of the section were mandatory and cannot be over-ridden by any contract to the contrary - The section deals with the pledgee’s right where the pledgor makes default - HC

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