What are Bailor and Bailee under Indian Contract Act 1872?

What are Bailor and Bailee under Indian Contract Act 1872?

The bailment is defined in the Indian Contract Act. Bailment is used regularly in our daily life. When one person gives his goods to another person for a specific time limit. So to protect the rights of the parties the contract of bailment is required. It is a legal relationship between them who can make … Read more