Indian Contract Act, 1872 · Chapter IX: Of Bailment
Section 148: "Bailment", "bailor" and "bailee" defined
A "bailment" is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person delivering the goods is called the "bailor". The person to whom they are delivered is called, the "bailee".
Explanation.—If a person already in possession of the goods of another contracts to hold them as a bailee, he thereby becomes the bailee, and the owner becomes the bailor of such goods, although they may not have been delivered by way of bailment
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 148
- M/s. D. N. SINGH v. COMMISSIONER OF INCOME TAX,
- Ptc India Financial Services Limited v. Venkateswarlu Kari and Another
- Amitabha Dasgupta v. United Bank of India & Ors.
- The Chairman, Board of Trustees, Cochin Port Trust v. M/S Arebee Star Maritime Agencies Pvt. Ltd. & Ors.
- M/S Kut Energy Pvt. Ltd. & Ors. v. The Authorized Officer, Punjab National Bank, Large Corporate Branch, Ludhiana & Ors.
- M/S. Rasiklal Kantilal & Co. v. Board of Trustee of Port of Bombay & Others
- Axis Bank v. Sbs Organics Private Limited and Another
- M/S L.C.D.S. Ltd. v. Commissioner of Income Tax, Mysore & Anr.
- R.D.Saxena v. Balram Prasad Sharma
- 20Th Century Finance Corporation Ltd. and Anr. v. State of Maharashtra
- Standard Chartered Bank and Anr. Etc. v. Custodian and Another Etc.
- Nath Bros. Exim International Ltd. v. Best Roadways Ltd.
- International Airports Authority of India Etc. v. M/S Grand Slam International and Ors. Etc. Etc.
- State of Maharashtra v. M/S. the Britannia Biscuits Co. Ltd.