Section 169 Contract Act — When finder of thin g commonly on sale may sell it

The Indian Contract Act, 1872 · Official PDF page 41

169.When finder of thin g commonly on sale may sell it .—When a thing which is commonly the subject of sale is lost, if the owner cannot with reasonable dil igence be found, or if he refuses, upon demand, to pay the lawful charges of the finder, the finder may sell it—

(1) when the thing is in danger of perishing or of losing the greater part of its value, or,

(2) when the lawful charges of the finder, in resp ect of the thing found, amo unt to two -thirds of its value.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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