DOI Page / Citation link:
https://doi.org/10.11588/diglit.52452#0102
74
NARADA.
I, 128.
forcibly. The pledgee who uses it forfeits the in-
terest due to him. Moreover he must make good
the value (of the pledge) to the owner. Otherwise
he is (considered as) a thief of the pledge.
128. That foolish person who uses a pledge with-
out authorization from the owner, shall lose one
half of his interest, as a compensation for such use.
129. If a pledge for enjoyment has been given,
(the creditor) must not take interest on the loan.
Neither must he give or sell a pledge (of any sort)
before the (stipulated) period has elapsed.
*130. When a pledge, though carefully kept,
loses its value after a certain time, (the debtor)
must either give another pledge, or discharge the
debt to the debtor.
* 131. When a debtor has been disabled by a
reverse of fortune (from paying the debt), he shall
be made to discharge the debt gradually, according
to his means, as he happens to gain property.
* 132. If a wealthy debtor from malice refuses to
must satisfy the owner of the pledge out of the profit derived from
the use of the pledge.
128. Nearly identical with Manu VIII, 150. See Professor
Buhler’s note.
129. ‘A pledge for enjoyment’ means one where the profit
derived from the pledge takes the place of interest. Such a
pledge must not be given or sold before the term fixed for its
delivery. A.
130. Yagnavalkya II, 60.
131. Where the debtor is unable to give another pledge or to
restore the loan, he must he made to restore it successively, as best
he can, according to his receipts. A. Manu VIII, 177; IX, 229;
Yfigfzavalkya II, 43.
132. The king shall take 5 per cent, as a compensation for
the assistance rendered by him. A. Manu VIII, 139 ; Yag%avalkya
II, 42; Vishrau VI, 21.
NARADA.
I, 128.
forcibly. The pledgee who uses it forfeits the in-
terest due to him. Moreover he must make good
the value (of the pledge) to the owner. Otherwise
he is (considered as) a thief of the pledge.
128. That foolish person who uses a pledge with-
out authorization from the owner, shall lose one
half of his interest, as a compensation for such use.
129. If a pledge for enjoyment has been given,
(the creditor) must not take interest on the loan.
Neither must he give or sell a pledge (of any sort)
before the (stipulated) period has elapsed.
*130. When a pledge, though carefully kept,
loses its value after a certain time, (the debtor)
must either give another pledge, or discharge the
debt to the debtor.
* 131. When a debtor has been disabled by a
reverse of fortune (from paying the debt), he shall
be made to discharge the debt gradually, according
to his means, as he happens to gain property.
* 132. If a wealthy debtor from malice refuses to
must satisfy the owner of the pledge out of the profit derived from
the use of the pledge.
128. Nearly identical with Manu VIII, 150. See Professor
Buhler’s note.
129. ‘A pledge for enjoyment’ means one where the profit
derived from the pledge takes the place of interest. Such a
pledge must not be given or sold before the term fixed for its
delivery. A.
130. Yagnavalkya II, 60.
131. Where the debtor is unable to give another pledge or to
restore the loan, he must he made to restore it successively, as best
he can, according to his receipts. A. Manu VIII, 177; IX, 229;
Yfigfzavalkya II, 43.
132. The king shall take 5 per cent, as a compensation for
the assistance rendered by him. A. Manu VIII, 139 ; Yag%avalkya
II, 42; Vishrau VI, 21.