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Hindu Law and Custom (Recht und Sitte) c8.235

Hindu Law and Custom (Recht und Sitte) c8.235

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c8.235

Steele gives specimens of modern bonds of debt which are remininscent of the Smṛtis in a high degree. Thus it is said in it: N. N. acknowledges to have received from N. N. such and such amount of Rupees at X per cent. interest to be paid back on such and such date; then follow the date, the signature or a sign, then the signatures of the witnesses. Bonds of debt wholly written by the debtor are also valid, but the authenticity of the same must be ascertained by comparing the hand-writings and usually every document has to be subjected to a close examination ¹.