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Enforcement Of Pledge Of Shares Under The Indian Contract Act




Medha Navami, OP Jindal Global University


ABSTRACT


This paper seeks to describe in depth the notion of Contract of Pledge by going deep into the principles and concepts of pledges, and also how a Contract of Pledge operates, how the Contract of Pledge differs from seemingly comparable notions and the latest question of whether the pledging of demat shares is enforceable under the Indian Contract Act. The following research article begins by briefly defining a pledge contract, followed by a discussion of its qualities that contribute to its uniqueness.


In addition, certain case laws are interwoven in this study article to provide a full grasp of the real implementation of the Contract of Pledge. Later sections of the text differentiate between Pledge and other notions like as hypothecation, and finally dealing the issue of enforcement of pledge of listed shares under Indian Contract Act.

Comments


Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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Licensing:

​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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