History of Dharmashastra (Ancient and Mediaeval Religious and Civil Law in India) v4.c63.612
History of Dharmaśāstra (Ancient and Mediaeval Religious and Civil Law in India) v4.c63.612
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v4.c63.612
The debtor cannot redeem the pledge or mortgage before the time fixed by mutual agreement, but by mutual agreement he can redeem even before (Bṛ. S. B. E. p. 325 verses 32-33). If the creditor does not allow redemption when the debtor has a right to redeem and is ready to do so, the creditor may be liable to be fined as a thief (Yāj. II. 62). Acc. to Kauṭ. (III. 12) the fine is 12 *paṇas*⁷²¹.
Linked texts (3)
- Kauṭilīya Arthaśāstra — Kauṭilya, Sanskrit
- Yājñavalkyasmṛti — Yājñavalkya, Sanskrit
- Bṛhaspatismṛti — Bṛhaspati, Sanskrit