Indian Contract Act Section 71 — Responsibility of finder of goods

CHAPTER V OF CERTAIN RELATIONS RESEMBLING THOSE CREATED BY CONTRACT

Commercial / Corporate

Summary

A person who finds goods that belong to someone else and takes them into their care has the same legal responsibility as a bailee. This means the finder must take reasonable care of the goods while they are in their custody, just as a bailee would.

Official Text

A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a bailee2.