Hindu Law and Custom (Recht und Sitte) c8.104

c8.104

The pledgee is responsible for the injury, loss and depreciation of a pledge excepting when vis major is the cause thereof and he forfeits the interests in the case of illegal handling of the pledged property which was to be preserved uninjured and is punishable if he maltreats a pledged slave; on the other hand the debtor has to replace a pledged property which has become valueless without there being any fault on the part of the creditor, and if he does not prefer it he has to pay off the debt.