Bank Promotion Exams

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INDIAN CONTRACT ACT.

  • Came into effect on 01/09/1872
  • Not applicable to J and K.
  • Section 124 –Contract of Indemnity.
  • Section 126-Contract of Guarantee.
  • Section 148- Bailment.
  • Section 170/171 –Lien
  • Section 172-Pledge(Bankers lien is an implied pledge)
  • Assigment- Section 130 of transfer of property act
  • Mortgage- Section 58 of transfer of property act.