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Section 163 - Bailor entitled to increase or profit from goods bailed : Indian Contract Act 1872

 

Is Bailor entitled to increase or profit from goods bailed? Section 163 of Indian Contract Act 1872

Section 163 of Indian Contract Act 1872 : "Bailor entitled to increase or profit from goods bailed"

163. In the absence of any contract to the contrary, the bailee is bound to deliver to the bailor, or according to his directions, any increase or profit which may have accrued from the goods bailed.

Illustration
A leaves a cow in the custody of B to be taken care of. The cow has a calf. B is bound to deliver the calf as well as the cow to A.

 

 

INDIAN CONTRACT ACT 1872

Section 146 - Co-sureties liable to contribute equally

Section 147 - Liability of co-sureties bound in different sums

CHAPTER IX BAILMENT

Section 148 - Bailment bailor and bailee defined

Section 150 - Bailors duty to disclose faults in goods bailed

 

 

Section 151 - Care to be taken by bailee

Section 152 - Bailee when not liable for loss, etc., of thing bailed

Section 153 - Termination of bailment by bailees act inconsistent with conditions

Section 154 - Liability of bailee making unauthorised use of goods bailed

Section 155 - Effect of mixture with bailors consent of his goods with bailees

 

 

Section 156 - Effect of mixture without bailor's consent, when the goods can be separated

Section 157 - Effect of mixture, without bailor's consent, when the goods cannot be separated

Section 158 - Repayment by bailor, of necessary expenses

Section 159 - Restoration of goods lent gratuitously

Section 160 - Return of goods bailed on expiration of time or accomplishment of purpose

 

 

Section 161 - Bailees responsibility when goods are not duly returned

Section 162 - Termination of gratuitous bailment by death

Section 163 - Bailor entitled to increase or profit from goods bailed

Section 164 - Bailor's responsibility to bailee

Section 165 - Bailment by several joint owners

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