https://www.taxtmi.com/caselaws?id=197359 A pawnee who gives reasonable notice of intended sale of pledged goods is not under an implied duty to complete the sale within a reasonable time after the notice period expires. The right to realise the security remains with the pawnee for recovery of the debt, while the pawnor retains only the right of redemption until actual sale. The rule applicable to an unpaid seller's resale was distinguished from pledge law, and no binding term requiring sale by a fixed date was proved. The later sale, preceded by fresh notice, was therefore valid, and the decree was adjusted on the basis of the actual sale proceeds. en-us Mon, 30 Apr 1928 00:00:00 +0530 Thu, 04 Jan 2018 10:10:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197359 A pawnee who gives reasonable notice of intended sale of pledged goods is not under an implied duty to complete the sale within a reasonable time after the notice period expires. The right to realise the security remains with the pawnee for recovery of the debt, while the pawnor retains only the right of redemption until actual sale. The rule applicable to an unpaid seller's resale was distinguished from pledge law, and no binding term requiring sale by a fixed date was proved. The later sale, preceded by fresh notice, was therefore valid, and the decree was adjusted on the basis of the actual sale proceeds. Case-Laws Indian Laws Mon, 30 Apr 1928 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197359