“Bailment”, “bailor” and “bailee” defined
Chapter 10: Of bailment
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 of according to the directions of the person delivering them. The person delivering the goods is called the “bailor”. The person to whom they are delivered is called, the “bailee”.
Explanation.— If a person already in possession of the goods of another contracts to hold them as a bailee, he thereby becomes the bailee, and the owner becomes the bailor of such goods, although they may not have been delivered by way of bailment.
The Indian Contract Act, 1872 (Act No. 9 of 1872). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.
Related sections
- 149Delivery to bailee how made
- 150Bailor‟s duty to disclose faults in goods bailed
- 151Care to be taken by bailee
- 152Bailee when not liable for loss, etc., of thing bailed
- 153Termination of bailment by bailee‟s act inconsistent with conditions
- 154Liability of bailee making unauthorized use of goods bailed