https://www.taxtmi.com/acts?id=7240 When a mercantile agent, with the owner's consent, possesses goods or documents of title, a pledge made by him in the ordinary course of his mercantile business is as valid as if he were expressly authorised by the owner, provided the pawnee acts in good faith and does not have notice that the pawnor lacks authority to pledge. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7240 When a mercantile agent, with the owner's consent, possesses goods or documents of title, a pledge made by him in the ordinary course of his mercantile business is as valid as if he were expressly authorised by the owner, provided the pawnee acts in good faith and does not have notice that the pawnor lacks authority to pledge. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7240