Rules pertaining to pawn-tickets, assignments, and redemption

(b) The amount of every bond executed under clause (a) shall be Axed with due re&rd to the circumstances of the case 'and shall not be excessivc. (5) Where a person co* into possession of a pawn-ticket as the assignee of the pawner, such person shall give notice of such assignment to the pawnbroker in the prescribed form, but the pawnbroker shall not be bound to recognize the claim of such person to redeem rhe pledge unless the pawner intimates to the pawnbroker the fact of such assignment or unless the pawnbroker. after having sert a notice in rhe prescribed form by registered post to the pawner to the eddress left by the pawner with the pawnbroker intimating to him the claim made under the alleged assignment, does nor hem anything from the pawner contrary to the claim within two weeks after the date on which the notice would irl the usual course of post reach the pawner. (6) Where the pawner alleges that the pawn- ticket has been lost or destroyed and claims redemption of the pledge, the pawrbroke~ shall, after obtaining from the pawner, a declnration in the prescribed form allow such rede~nplion crzless the pawnbroker has received intimatio~~ from ally other pcrson that he is in possession of tlw pi~wll-tickct and is el~ritled to redeem the pledge : Provided that, bCfo~'c :~Ilowi~)g SLLCJI redemption, the pawnbroker may il~sisr 011 sccuriry to his salis- faction or to the sarisfaction of such authority or pcsson as may be prescribed it) this behalf being given by the pawner against possihle claim by any other persc n. (7) Where a persol\ claims to be the owncr of a pledge and alleges that the pledge was pawned with- out his knowledge or c111 thurity, the pawnbroker shall take a declaration fivm such person in the prescri- bed form, and send n notice in the prescribed form by registered post to the pnwnet: to the address left by the pawner with the pawnbrokdr, and similarly to every other person who has made any claim to the pawnbroker of being entitled to d e e m the pledge, and if the pawnbroker does not receive any communication in writing from the pawner or any other such person prohibiting the delivery of the pledge to the claimant, within two weeks after the date on which the notice or notices would in the usual course of post reach the addressee or addressees, the pawnbroker may allow the claimant to redeem the pledge, and the pawnbroker shall in that event be exonerated from further liability to the pawner or any person claiming under him