The lender of a thing for use may at any time require its return, if the loan was gratuitous, even though he lent it for a specified time or purpose. But, if, on the faith of such loan made for a specified time or purpose, the borrower has acted in such a manner that the return of the thing lent before the time agreed upon, or before the purpose for which it was lent has been accomplished, would cause the borrower a loss exceeding the benefit actually derived by him from the use of the thing lent, the lender must, if he compels the return of the thing lent, indemnify the borrower for the amount in which the loss so occasioned exceeds the benefit so derived.
Chapter IX — Of Bailment
Section 159
Restoration of goods lent gratuitously
Printed from Law on Tips • The Indian Contract Act, 1872