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Index >> Letter B  
       
Bailment : meaning
 
 

Bailment is an act of handing over physical possession of a property owned by the bailor in the hands of another person (bailee) under a contract on the condition that when the purpose is accomplished the property shall be returned or otherwise disposed of according to the direction of the bailor

See Section 148 of Indian contract act.

 

 

 

 

 

   

   
 
   

   
   
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