Restoration of gratuitously lent goods: lender can demand return anytime; must indemnify borrower for excessive loss. Section 159 provides that for a gratuitous loan the lender may at any time require return even if a term or purpose was specified; however, if premature return would cause the borrower loss exceeding the benefit derived, the lender who compels return must indemnify the borrower for the excess loss.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restoration of gratuitously lent goods: lender can demand return anytime; must indemnify borrower for excessive loss.
Section 159 provides that for a gratuitous loan the lender may at any time require return even if a term or purpose was specified; however, if premature return would cause the borrower loss exceeding the benefit derived, the lender who compels return must indemnify the borrower for the excess loss.
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