Indian Contract Act Section 152 — Bailee when not liable for loss, etc., of thing bailed
CHAPTER IX OF BAILMENT
Commercial / Corporate
Summary
A bailee is not responsible for the loss, destruction, or deterioration of the bailed item if there is no special contract saying otherwise, and if the bailee has taken the level of care described in section 151. In other words, as long as the bailee meets the standard of care required by law, they will not be held liable for what happens to the item. This applies only when no special agreement between the parties changes that responsibility.
Official Text
The bailee, in the absence of any special contract, is not responsible for the loss, destruction or deterioration of the thing bailed, if he has taken the amount of care of it described in section 151.