WebJul 11, 2016 · Sale by Finder of Goods: Section 169 of the Indian Contract Act states that when the founder of lost goods, cannot find the real owner even after making reasonable diligent efforts or the owner of the goods … According to section 71 of Indian Contract Act, a person who find goods belonging to another and takes them into his custody, is subject to the same responsibility as a bailee. Since the position of the finder of the goods is that of a bailee he is supposed to take the same amount of care with regard to the goods as is … See more Section 168 and 169 confer certain rights on the finder of goods. The finder of goods has no right to sue the owner for compensation for trouble and expense voluntarily incurred … See more If a person finds any lost goods he does not become the actual of those goods. He, in fact, becomes a special kind of bailee in the sense that he … See more Finder of goods is a part of quasi contract or certain relation resembling to those created by a contract. Here it would be worth nothing that finder of goods has the same criteria of responsibilities and duties towards the innocent … See more
A Critical Study Of Section 71 of The Indian Contract Act Of 1872 ...
WebA finder of the lost goods has to observe the following duties towards the goods he possesses: Â 1. Duty To Take Reasonable Care of Goods (Section 151 & 152) According to Section 151, the finder of goods should take such care of the goods as a man of ordinary prudence would take of his own goods. WebThe finder’s position, so, has been considered along with bailment. Like who legal provision in the Red Contract Act in itself says that responsibility of the finder of goods would become replica of the responsibility of the finder of goods would be replica of the responsibility of a bailee in a contract of bailment. skjold class coastal corvettes
Sec71 Finder of Goods-Quasi Contract Indian Contract Act 1872
WebMay 18, 2024 · Bailment is a type of special contract under the Indian Contract Act 1872 (hereinafter referred to as ‘the act’). Under bailment, a contractual relationship is formed between two parties, where one ... However, Section 168, which is related to the finder of lost goods, is an exception to it. There is a need for a purpose; WebMay 8, 2024 · -:FINDER OF GOODS:- Section 71 of the Indian Contract Act 1872 says that A person who finds property belonging to another and places it in his custody is subject to the same responsibility as a depositary or bailee. The finder of goods has special privileges under the law. WebApr 6, 2024 · so in this video, we will discuss finder of lost goods, under contract act, 1872.i have discussed from sec 168-169 of contract act, 1872.#finderoflostgoods #... swarming significado