Restoration of goods lent gratuitously
Chapter 10: Of bailment
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.
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
- 156Effect of mixture, without bailor‟s consent, when the goods can be separated
- 157Effect of mixture, without bailor‟s consent, when the goods cannot be separated
- 158Repayment, by bailor, of necessary expenses
- 160Return of goods bailed on expiration of time or accomplishment of purpose
- 161Bailee‟s responsibility when goods are not duly returned
- 162Termination of gratuitous bailment by death