Position of a Finder of Lost Goods Sometimes, a person finds certain goods, belonging to some other person. In such cases, the goods do not become the property of the finder. The law imposes certain obligations on the finder of the goods. It becomes his duty to keep the goods with care and take proper …
Discuss the Position of a Finder of Lost Goods and Rights of the Finder of Lost Goods? Read More »
Bailment. Section 148 of the Indian Contract Act defines bailment as, “the delivery of goods by one person to another for some purpose, upon a contract, that the goods shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person, delivering the …
Bailment [Section 148] A ‘bailment is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them. The person delivering the goods is called the ‘bailor. The …
What do you understand by Bailment? Explain the duties of a bailee? Read More »
Rights of the bailor. Following are the rights of a bailor in a contract of bailment: 1. Right to claim damages. By implication of Section 151 of the Indian Contract Act, it is an inherent (i.e., natural and permanent) right of the bailor to claim damages for any loss that might have been caused to …
