Damages done by bailee


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Today the subject-matter has been alienated and also the IA withdrawn by C.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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Lawyer in Hyderabad.wats app no.9989324294

 There is no question of Shipping of title. Though possession goes to bailee, title rests with bailer.

 
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Proprietor

As it seems, the purpose of bailment/ intention thereof is yet to be satisfied and therefore the property in question has been transferred to a third party. However, as rightly pointed out by Mr. Rangachary, the title of the property has not changed hands. Upon satisfaction of the purpose behind the Bailment agreement , the property shall come back to the original owner.

 

 
Reply   
 

Bailment contract was signed between A and B before everything else.

A had placed the subject-matter with B.

B mistakenly delivered the subject-matter to C.

C alienated it and thereafter quitely withdrew the IA. 

IA was never decided.

Subject-matter is not traceable.

What to do?

 
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