The institutes of Vishnu (Oxford: Clarendon Press, 1880)

VI, i6.

LAW OF DEBT.

43

6. The creditor must make good the loss of a
pledge, unless it was caused by fate or by the
king.
7. (The pledge must) also (be restored to the
debtor) when the interest has reached its maximum
amount (on becoming equal to the principal, and has
all been paid).
8. But he must not restore an immovable pledge
without special agreement (till the principal itself
has been paid).
9. That immovable property which has been
delivered, restorable when the sum borrowed is
made good, (the creditor) must restore when the
sum borrowed has been made good.
10. Property lent bears no further interest after
it has been tendered, but refused by the creditor.
11. On gold the interest shall rise no higher than
to make the debt double;
12. On grain, (no higher than to make it) three-
fold ;
13. On cloth, (no higher than to make it) four-
fold ;
14. On liquids, (no higher than to make it) eight-
fold ;
15. Of female slaves and cattle, the offspring
(shall be taken as interest).
16. On substances from which spirituous liquor

7. Colebrooke loc. cit. connects this Sutra with the next. My
rendering rests on Nand.’s interpretation.
8. Nand..cites as an instance of an agreement of this kind one
made in the following form, ‘ You shall have the enjoyment of this
or that mango grove as long as interest on the principal lent to
me has not ceased to accrue.’