Archived forum thread. This discussion is preserved for posterity from the Legally India Topical forum and is no longer active.

Damages done by Bailee

Guest 7 Aug 2015, 05:15

There is a bailment contract between A (bailor) and B (bailee)

Third party C files suit against A and B and claim the subject-matter.

C takes out an IA and obtains an order upon B to maintain status-quo with respect to the subject-matter till the final hearing and final disposal of IA.

But astonishingly in the mean time B delivers the subject-matter to C.

B also issues a letter to A for anticipatory cancellation of the contract with him.

Today the subject-matter has been alienated and also the IA withdrawn by C.

What are the remedies left out to A for recovering damages?

(I am A and the subject-matter is the dematerialized company shares)

0 Replies

No replies.