Section 29 : Bailed property to be returned

1) After the expiry of the period prescribed while bailing a property or fulfilment of the objectives with which the property has been bailed, the bailee shall return the bailed property to the bailer.

2) In case the property is not returned under sub-section (1) within the prescribed period, or within a reasonable period according to the nature of the property where no such period has been prescribed, or in case the bailer does not take it back and the property is lost, stolen, damaged, destroyed or reduced after that date or bailer suffers any loss or damage due to that property after that date the party because of which the loss or damage has resulted shall bear the loss or damage.

3) Except when otherwise provided for in the contract, in the case of a bailed property owned by several persons, it may be handed over to any one of such owners or to the person ordered by them, and the handover of the property in that manner shall be deemed to have been done duly.

4) Except when otherwise provided for in the contract, the property raised or earned through the bailed property shall also belong to the bailer.