section 15
Liability of pawn broken in case of fire etc:
The Nagaland Money Lenders Act, 2005Finance200530 sections
Statutory text
(1) here pledges is damaged, destroyed or lost by, or in consequence of,
fire, or otherwise, the pawnbroker shall nevertheless be liable to pay
the value of the pledge as noted in the pawn book to the pawner after
deducting the amount of the principal and interest or other charges due to him. (2)
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