1. A method for object tracking, said method comprising: computing, by an electronic device, an overlap value between a first bounding box and a second bounding box, said first bounding box and said second bounding box associated with an object in an image frame of a video stream, wherein said first bounding box at least partially encompasses a first portion of said object and said second bounding box at least partially encompasses a second portion of said object, and wherein said first bounding box and said second bounding box are utilized to track said object in said video stream; computing, by said electronic device, a first score associated with said first bounding box and a second score associated with said second bounding box based on a comparison of said computed overlap value with a threshold value; and updating, by said electronic device, said first bounding box to a third bounding box at least partially encompassing said object based on said first score and said second score.