State Act

12

Section 12. Redemption of pledge

The Andhra Pradesh Pawn Brokers Act, 2002

Act no. 6 of 20022002In forceAndhra Pradesh (State Act)

12. Redemption of pledge- Every pledge shall be redeemable within two years from the day of pawning, exclusive of that day. Explanation:- where the contract between the parties provides a longer period for redemption than two years, the provisions of this section shall be read and construed as if the references to such longer period had been substituted for the references to the period of two years therein.