Indian Contract Act Section 181 — Apportionment of relief or compensation obtained by such suits

CHAPTER IX OF BAILMENT — Suits by bailees or bailors against wrong-doers

Commercial / Corporate

Summary

Any money or compensation recovered through such a suit must be divided between the bailor and the bailee according to their respective interests in the matter.

Official Text

Whatever is obtained by way of relief or compensation in any such suit shall, as between the bailor and the bailee, be dealt with according to their respective interests.