Indian Contract Act, 1872
159. Restoration of goods lent
gratuitously
The lender of a thing for use may at any time require its
return, if the loan was gratuitous, even through he lent it for a specified
time or purpose. But if, on the face 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 would cause him losses exceeding the benefit
actually derived by him from the loan, the lender must, if he compels the
return, indemnify the borrower for the amount in which the loss so occasioned
exceeds the benefits so derived.