Section 169: When finder of thing commonly on sale may sell it.

The Indian Contract Act, 1872Central Act · Act 9 of 1872

When a thing which is commonly the subject of sale is lost, if the owner cannot with reasonable diligence be found, or if he refuses, upon demand, to pay the lawful charges of the finder, the finder may sell it—

(1) when the thing is in danger of perishing or of losing the greater part of its value, or,

(2) when the lawful charges of the finder, in respect of the thing found, amount to two-thirds of its value.

Where this provision sits

Act	The Indian Contract Act, 1872
Section	169
Marginal note	When finder of thing commonly on sale may sell it.
Jurisdiction	Central
Status	In force as published by the source

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