LawgistThe Indian Contract Act
159Restoration of goods lent gratuitously
The lender of a thing for use may at any time require its return, if the loan was gratuitous, even though he lent it for a specified time or purpose. But if, on the faith of such loan made for a specified time or purpose, the borrower has acted in such a manner that the return of the thing lent before the time agreed upon would cause him loss exceeding the benefit actually derived by him from the loan, the lender must, if he compels the return, indemnify the borrower for the amount in which the loss so occasioned exceeds the benefit so derived.
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OF BAILMENT
- 148 "Bailment", "bailor" and "bailee" defined
- 149 Delivery to bailee how made
- 150 Bailor's duty to disclose faults in goods bailed
- 151 Care to be taken by bailee
- 152 Bailee when not liable for loss, etc., of thing bailed
- 153 Termination of bailment by bailee's act inconsistent with conditions
- 154 Liability of bailee making unauthorized use of goods bailed
- 155 Effect of mixture, with bailor's consent, of his goods with bailee's
- 156 Effect of mixture, without bailor's consent, when the good can be separated
- 157 Effect of mixture, without bailor's consent, when the goods cannot be separated
- 158 Repayment, by bailor, of necessary expenses
- 159 Restoration of goods lent gratuitously
- 160 Return of goods bailed, on expiration of time or accomplishment of purpose
- 161 Bailee's responsibility when goods are not duly returned
- 162 Termination of gratuitous bailment by death
- 163 Bailor entitled to increase or profit from goods bailed
- 164 Bailor's responsibility to bailee
- 165 Bailment by several joint owners
- 166 Bailee not responsible on re-delivery to bailor without title
- 167 Right of third person claiming goods bailed
- 168 Right of finder of goods
- 169 When finder of thing commonly on sale may sell it
- 170 Bailee's particular lien
- 171 General lien of bankers, factors, wharfingers, attorneys and policy-brokers
