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Bailment & pledge

Corporate & Other Laws

In video specific purpose for pledge u told is fr security for loan.. But in studymaterial its also mentioned for performance of promise... So which is crct?

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Shruthi V

Shruthi V

CA Inter

0

30-Aug-20 11:59

449

Answers (4)

Both are correct. It was just an example given


ruchi lahoti

ruchi lahoti

CA Inter

27K+

31-Aug-20 09:54

But in video u mentioned oly for loans.. Can u give me an example for promise


Thread Starter

Shruthi V

Shruthi V

CA Inter

0

31-Aug-20 09:55

An example of pledge for performance of promise is to give someone your laptop as a guarantee that you'll return their car by a certain time.


CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

31-Aug-20 20:01

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