BAILMENT CONTRACTS UNDER INDIAN CONTRACT ACT OF 1872

Abstract

Two special arrangements, Bailment and Promise, are sometimes misunderstood. Each pledge is a bail, but each bail is not a pledge.[1] Bailment means that one form of person on non-permanent basis goes into the hands of the other. There exist various circumstances under which this eventuates. Providing a cycle, watch or some other repair piece, supplying gold to a goldsmith to make ornaments, delivering clothes to a dry cleaner, supplying goods for transport, etc. falls under circumstances that establish the 'Bailment' arrangement.[2] Bailment agreements are a particular category of contract. The researcher address in this piece of research, the essence of bailment, bailee responsibilities, bailment description, bailee rights and liabilities, moral dimensions of the bailee, and ultimately made concluding observations.