Section 25: Contract relating to Bailment

A contract relating to bailment shall be deemed to have been concluded in case any person delivers any property to another person on a returnable basis or for handing it over to any other person or selling it as ordered by him/her.

Provided that a deed must be executed while bailing any property worth more than Rs.5,000.00.

Explanation: For the purpose of this chapter, the term ‘property’ includes any movable property and title to such property.