(1) If any person obtains or
borrows for any specific purpose any goods owned or possessed by
another person whether for rent or not or for borrowing or not or on
any other terms and conditions, the person shall, after the
completion of the purpose, return the goods that are the same in
kind, quantity and quality as have been so acquired or borrowed, to
the owner or possessor.
263
(2) If the goods obtained pursuant to sub-section (1) are
lost, broken, destroyed, out of order or otherwise damaged, except
as otherwise provided for in the deed, the person obtaining such
goods shall return similar other goods to the owner or possessor or
pay to the owner or possessor an amount equivalent to the
prevailing market price of such goods if similar other goods are not
available.
(3) Except as otherwise provided for in the deed in relation
to the return of, or payment of rent or amount for, the goods
pursuant to sub-section (1) or (2), such goods or rent shall be
returned or paid to the owner or possessor within fifteen days after
the completion of the purpose for which the goods were obtained.
(4) If the person obtaining the goods fails to return or pay
the goods or amount to the owner or possessor within the time-limit
under sub-section (3), the aggrieved person may recover the amount
of such goods and a reasonable compensation, as well, for the loss
caused to him or her.