SYNOPSIS

A person, who finds goods of another, takes him into custody, is liable as a bailee of
the goods. A person who finds goods in a public place is not bound to take charge of
it, but an occupier of land is under an obligation to search for goods lost on his
property, and to take them into custody 1. Once finder accepts the responsibility for the
goods, his liability is that of gratuitous of bailee.
OBJECTIVES/AIMS OF THE STUDY
The objective of the study is to understand and observe the finder of last goods duties
and obligation under the purview of Indian contract Act 1872. How it is applicable
present scenario.
SIGNIFICANCE & BENEFIT OF THE STUDY
The significance of the study is that to analyze what the similarities and difference
are among quasi contractual obligation, finder of last goods, bail.
SCOPE OF THE STUDY
The scope of the study limited to the common law and Indian law.
RESEARCH METHODOLOGY
The process used to collect information and data for the purpose of making decisions.
The methodology may include publication research and other research techniques,
and could include both present and historical information. In this project the
researcher is using doctrinal type methodology.
RESEARCH QUESTIONS
1. What is the position of finder of last goods under Indian contract act?
2. What is difference between finder of last goods position under common law
and Indian scenario?
3. What are the complications under the finder of last goods and his duties?
4. What difference among are quasi contractual obligation and finder of last
goods and bail?
1

Section 151 and 152 under Indian contract act.

HYPOTHESIS
Little bit ambiguity in applicability of finder of last goods.
TESTING HYOTHESIS
Testing of hypothesis based on the observation of books, articles mentioned in
literature review
COLLECTION OF DATA
In this project the researcher is using doctrinal type methodology, library based
study. Collection of data is secondary data.
CLASSIFICATION OF DATA
According to research point of view classification will be done.
ANALYSIS OF DATA
After classification analysis will be done. Analysis of data based on the ideas of
researcher.

INTERPRETATION OF DATA
Interpretation means deep analysis of facts and keen examination of data.

LITERATURE REVIEW
1) Rk bangia law of contracts volume 1 and volume 2
2) Avatar singh law of contracts
3) The Indian contract act 1872 and specific relief acts Nilima Bhadhade
4) The Indian contract act kesava rao
5) The Indian contract act 1872 bare act

ARTICLES
1. Indian journal of research paripex research paper by madhu sudhan das Position of the Finder of the Lost Goods under the Indian Contract Act: An
Analysis
CONCLUSION
Finder of goods is bound to perform the duty like quasi contact.