Query

Guest (Querist) 22 September 2012 This query is : Resolved
Precise distinction between set off and lien

( In context of baker's lien sec.171 ICA-1872)

Follow Query

Report Abuse

R.K Nanda (Expert) 22 September 2012
academic query.

Guest (Querist) 22 September 2012
how one should argue as a defendant when provisions are totally against him?

Kiran Kumar (Expert) 22 September 2012
the law prevails upon the facts ultimately.

but firstly present the correct facts before the court, the court will interpret and apply the law accordingly.

Guest (Querist) 22 September 2012
would you pleaseeee elaborate a bit further?

malipeddi jaggarao (Expert) 24 September 2012
Banker's lien is a general lien which he can exercise on all the monies which have into the bank's fold to withhold the payment of such monies until certain obligations are fulfilled by the opposite party.

Lien and Set-off - Banker's right to appropriate such monies (as explained above) against any liability in the deposits or securites are in the same name and capacity of the person who is liable to the bank.

Guest (Expert) 24 September 2012
Agree with Shri Malipeddi Jaggarao.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries