A person who finds goods belonging to another and takes them into custody is called a finder of goods.
A person, who finds goods belonging to the other, is not
bound to take them into his custody or take charge of it. But if he picks them up or take charge of the goods, he becomes the bailee of the goods.
Sec 71 of the Act, clearly states that a person who finds
goods belonging to another and takes them into his custody, is subject to the same responsibilities as a bailee. DUTIES OF A FINDER OF GOODS
He must take reasonable care of the goods found.
He must try to find out the true owner of the goods. If he
fails, he will be liable as a trespasser or a thief.
He must not mix up the goods with his own goods.
He should not use the goods found for his own purpose. RIGHTS OF THE FINDER OF GOODS The finder has the right of lien over the goods for his expenses.
In case, the owner has offered any specific
reward for the return of the goods, the finder may sue for such reward and he may retain the goods until such reward is paid.
A finder has the right to retain possession of the
goods against the whole world, except the true owner. According to the Sec 169 of the Act, the finder of goods may sell if: The owner cannot with reasonable diligence be found, or He refuses upon demand to pay the lawful charges of the finder, or The thing is in danger of perishing or of loosing the greater part of its value, or The lawful charges of the finder, in respect of the thing found, amount to two-thirds of its value.