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Bailment and pledge

Corporate & Other Laws

Difeerence bw possesion and custody

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

★ 50

08-Sep-21 21:27

302

Answers (1)

Custody relates to care or legal right over goods. Example, servant has custody of goods to look after them. Possession involves more control over them which could be in the form right to use, right to move / shift around etc.

Sahibdeep Singh

Sahibdeep Singh

CA Inter

★ 14K+

08-Sep-21 21:47

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