PPT: Bailment and Pledge | Business Laws for CA Foundation PDF Download

 Page 1


Business law
Presentation
TOPIC;Bailment
and Pledge
Page 2


Business law
Presentation
TOPIC;Bailment
and Pledge
Bailment 
• According to section 172;
• The delivery of property into the temporary 
custody and control of another for some 
purpose.
• Goods should be return after the completion 
of purpose.
Page 3


Business law
Presentation
TOPIC;Bailment
and Pledge
Bailment 
• According to section 172;
• The delivery of property into the temporary 
custody and control of another for some 
purpose.
• Goods should be return after the completion 
of purpose.
• Example;
• ‘’x’’ gives her jewelry to ‘’y’’ for safe custody 
and after the completion of purpose 
‘‘y’’return ‘’x’’ jewelry.
Page 4


Business law
Presentation
TOPIC;Bailment
and Pledge
Bailment 
• According to section 172;
• The delivery of property into the temporary 
custody and control of another for some 
purpose.
• Goods should be return after the completion 
of purpose.
• Example;
• ‘’x’’ gives her jewelry to ‘’y’’ for safe custody 
and after the completion of purpose 
‘‘y’’return ‘’x’’ jewelry.
Parties of bailment;
• Bailor;The person who gives the bailed goods.
• Bailee;The person to whom bailed goods are 
given.
Page 5


Business law
Presentation
TOPIC;Bailment
and Pledge
Bailment 
• According to section 172;
• The delivery of property into the temporary 
custody and control of another for some 
purpose.
• Goods should be return after the completion 
of purpose.
• Example;
• ‘’x’’ gives her jewelry to ‘’y’’ for safe custody 
and after the completion of purpose 
‘‘y’’return ‘’x’’ jewelry.
Parties of bailment;
• Bailor;The person who gives the bailed goods.
• Bailee;The person to whom bailed goods are 
given.
Essentials of bailment;
• There must be contract between parties.
• There must be the physical delivery of goods.
• There must be specific purpose for bailment.
• There must be change of possession, no 
change of ownership.