Finder of goods

Post on 17-Jul-2015

126 views 0 download

Transcript of Finder of goods

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Finder of Goods

from Quasi ContractIndian Contract Act 1872

Finder of Goods

Sec 71 of Indian Contract Act 1872

Same responsibility as a bailee

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Duties of Finder of Goods

1. Proper Care as if own good

2. Not to use it

3. Return to the owner, When traced

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

1. Perishable goods

2. Expense exceeding ⅔ rd of the Goods value.Right to retain

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Rights of Finder of Goods

Watch Full Video course &

take quiz visit

https://www.meraskill.com

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam