Indian Contract Act, 1872
177. Defaulting pawnor's right to
redeem
If a time is stipulated for the payment of the debt, or
performance of the promise, for which the pledge is made, and the pawnor makes
default in payment of the debt or performance of the promise at the stipulated
time, he may redeem the goods pledged at any subsequent time before the actual
sale of them; but he must, on that case, pay, in addition, any expenses which
have arisen from his default.