Damages by bailee

S Singh (Querist) 07 August 2015 This query is : Resolved
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Today the subject-matter has been alienated and also the IA withdrawn by C.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)

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P. Venu (Expert) 07 August 2015
How is that C has withdrawn an IA that has already been decided and decision given effect?

H.M.Patnaik (Expert) 07 August 2015
Pl. throw more light on your query as asked by Mr. Venu.

S Singh (Querist) 07 August 2015
IA had never been decided.

It is just that when C received the subject-matter mistakenly by B, he alienated it.

And afterwards quietly withdrew the IA.

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