Bailment Presentation

PRESENTATION ON LAW OF BAILMENT

PRESENTED BY:ARNAB KUMAR DAS

ID: LLB 00305037DEPARTMENT OF LAW

PORT CITY INTERNATIONAL UNIVERSITY

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BAILEE, BAILOR, AND BAILMENT?

Under section 148 of Contract Act, 1872“A bailment is the delivery of goods by one person to another person for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person to whom they are delivered is called the bailee” Bailor: who gives or deliver Bailee: who takes or receive Bailment: transaction

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ESSENTIAL ELEMENTS OF A BAILMENT

Essential Elements of a

Bailment

Agreement Delivery of Goods

Some/SpecialPurpose

Return of Specific Goods

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KINDS OF BAILMENT

ON THE BASIS OF BENEFIT

Bailment for the benefit of the bailor;

Bailment for the benefit of the bailee; and

Bailment for the mutual benefit of both

ON THE BASIS OF REWARD

Gratuitous Bailment and

Non- Gratuitous Bailment

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RIGHTS OF BAILEEResources

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RIGHT OF LIEN

Lien is a right of a person to retain the property or goods of another until he pays (Bailor) the lawful charges or debt due thereupon.Particular lien: only those goods against which services have been rendered.General Lien: all the goods which are in possession (bankers or attorneys)

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PRESENTATION ON THELAW OF BAILMENT

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