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Studies in Ancient Hindu Polity (Based on the Arthashastra of Kautilya), Vol. I c14.s3.26

Studies in Ancient Hindu Polity (Based on the Arthaśāstra of Kauṭilya), Vol. I c14.s3.26

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c14.s3.26

The creditor is liable to a penalty for want of diligence on his part to realize his money within ten years next following the due date; for after this period the loan is barred by limitation. But exceptions are made in favour of (i) the senile, (ii) the diseased, (iii) the distressed, (iv) minors, (v) sojourners in other countries, (vi) persons who have forsaken their country (देशत्यागी), and (vii) those who are prevented from claiming their dues owing to political or other disturbances.