possessory lien meaning in Hindi

Examples

1. In the case of a possessory lien, the right is purely passive.
2. A Shipowner s Lien is a possessory lien which is the major difference between it and other maritime liens.
3. Under the Sale of Goods Act 1979 s . 41, the seller is entitled to exercise a possessory lien over the vessel until payment by the buyer.
4. In the case of serviceable vehicles, the towing company may offer this documentation in a packet known as the possessory lien papers, which can be used to obtain a new title.
5. In the case of a possessory lien, the secured party ( the " lienor " ) has no right to sell the assets-merely a right to refuse to return them until paid.