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What is Understanding Pledge and Pawn Contracts about?

The document outlines the concept of pledge/pawn as a special contract involving the transfer of goods as security for debt repayment or performance of a promise. It details the rights and duties of both the pledger (pawnor) and pledgee (pawnee), as well as relevant provisions of Nepalese contract law. Key features of a valid pledge, distinctions between bailment and pledge, and legal implications under the Muluki Civil Code are also discussed.

Author

PRAJWAL

Language

EN