Login : Advocate | Client
Home Post Your Case My Account Law College Law Library

Report No. 20

Chapter V

Rights and Obligations of the Owner

16. Right of owner to terminate hire-purchase agreement for default in payment of hire or unauthorised act or breach of express conditions.-

Where the hirer-

(a) makes default in the payment of hire as provided in the hire-purchase agreement; or

(b) does any act with regard to the goods to which the agreement relates which is inconsistent with any of the terms of the agreement; or

[As to (b) see section 153, I.C.A.]

(c) breaks an express condition which provides that, on the breach thereof, the owner may terminate the agreement;

[As to (c) see section III(g), Transfer of Property Act]

the owner shall, subject to the provisions of sections 19 and 20, be entitled to terminate the agreement by giving to the hirer notice of termination in writing.

Law of Hire-Purchase Back

Client Area | Advocate Area | Blogs | About Us | User Agreement | Privacy Policy | Advertise | Media Coverage | Contact Us | Site Map
powered and driven by neosys