Amendment status not verified — confirm the current text below against the official source.
AGREEMENT BELATING TO DEPOSIT OF TITLE-DEEDS, PAWN OR PLEDGE, that is to say, any instrument evidencing an agreement relating to- 1) the deposit of title-deeds or instruments constituting of being evidence of the tile to any property whatever (other than a marketable security); or 2) the pawn or pledge of movable property; where such deposit, pawn or pledge has been made by way of security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt,- (a) if such loan or debt is repayable on demand or more than three months from the date of the instrument evidencing the agreement. i. if the amount of the loan does not exceed Bs. 500 ii. if it exceeds Rs. 500 and does not exceed Rs. 1000 and for every Rs. 1000 or part thereof in excess of Rs. 1000. iii. (b) if such loan or debt is repayable not more than three months from the date of such instrument.