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The Hire-Purchase Act, 1972 (Bare Act)/ Universal Law Publishing

Contributor(s): Universal Law PublishingMaterial type: Text

TextPublication details: New Delhi: Universal Law Publishing, 2010Description: 21 pSubject(s): Bare ActDDC classification: 343.54

Contents:

THE HIRE-PURCHASE ACT, 1972 Sections Introduction 1 CHAPTER I PRELIMINARY Short title, extent and conunencement 3 Definitions 3 CHAPTERn FORMS AND CONTENTS OF HIRE-PURCHASE AGREEMENTS Hire-purchase agreements to be in writing and signed by parties thereto . 4 Contents of hire-purchase agreements 4 Two or more agreements when treated as a single hire-purchase agreement 5 CHAPTER III WARRANTIES AND CONDITIONS, LIMITATION ON HIRE-PURCHASE CHARGES AND PASSING OF PROPERTY Warranties and conditions to be implied in hire-purchase agreements. Limitation on hire-purchase charges 7 Passing of property 8 CHAPTER IV RIGHTS AND OBLIGATIONS OF THE HIRER 1 Right of hirer to purchase at any time with rebate . 8 Right of hirer to terminate agreement at any time . ' 9 Right of hirer to appropriate payments in respect of two or more agreements . 9 Assignment and transmission of hirer's right or interest imder hire-purchase agreement . 10 Obligations of hirer to comply with agreement . 10 Obligation of hirer in respect of care to be taken of goods . 10 Obligation of hirer in respect of use of goods 11 Obligation of hirer to give information as to whereabouts of goods 11 Rights of hirer in case of seizine of goods by owner . 11 CHAPTER V RIGHTS AND OBLIGATIONS OF THE OWNER Rights of owner to terminate hire-purchase agreement for default in payment of hire or unautlrorised act or breach of express conditions. 12 Rights of owner on termuiation . • 13 Restriction on owner's right to recover possession of goods otherwise than through court . • 13 Relief against termination for non-payment of hire . . 14 Relief against tcrmiaation for unauthorised act or breach of express condition . • 14 Obligation of owner to supply copies and information . . 14 CHAPTER VI MISCELLANEOUS 24. Discharge of price otherwise than by payment of money 15 25. Insolvency of hirer, etc. 15 26. Successive hire-purchase agreements between same parties 16 27. Evidence of adverse detention in suit or application to recover possession of goods 16 28. Hirer's refusal to surrender goods not to be conversion in certain cases 16 29. Service of notice . . 16 30. Power to exempt from provisions of sections 6, 9, 10, 12 and 17 in certain cases 16 31. Act not to apply to existing agreements 16 SPECIMENS OF HIRE-PURCAHSE AGREEMENTS 17 THE HIRE-PURCHASE (REPEAL) ACT, 2005 (31 of 2005)

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Bare Acts and Legal Education Series	Central Library, Sikkim University General Book Section	343.54 UNI/H (Browse shelf(Opens below))	Not for loan		P12491

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THE HIRE-PURCHASE ACT, 1972
Sections

Introduction 1
CHAPTER I
PRELIMINARY
Short title, extent and conunencement 3
Definitions 3
CHAPTERn
FORMS AND CONTENTS OF HIRE-PURCHASE AGREEMENTS Hire-purchase agreements to be in writing and signed by parties thereto . 4 Contents of hire-purchase agreements 4 Two or more agreements when treated as a single hire-purchase agreement 5
CHAPTER III
WARRANTIES AND CONDITIONS, LIMITATION ON HIRE-PURCHASE
CHARGES AND PASSING OF PROPERTY
Warranties and conditions to be implied in hire-purchase agreements. Limitation on hire-purchase charges 7 Passing of property 8
CHAPTER IV
RIGHTS AND OBLIGATIONS OF THE HIRER 1
Right of hirer to purchase at any time with rebate . 8 Right of hirer to terminate agreement at any time . ' 9 Right of hirer to appropriate payments in respect of two or more agreements . 9 Assignment and transmission of hirer's right or interest imder hire-purchase agreement . 10 Obligations of hirer to comply with agreement . 10 Obligation of hirer in respect of care to be taken of goods . 10 Obligation of hirer in respect of use of goods 11 Obligation of hirer to give information as to whereabouts of goods 11 Rights of hirer in case of seizine of goods by owner . 11
CHAPTER V
RIGHTS AND OBLIGATIONS OF THE OWNER Rights of owner to terminate hire-purchase agreement for default in payment of hire or unautlrorised act or breach of express conditions. 12 Rights of owner on termuiation . • 13 Restriction on owner's right to recover possession of goods otherwise than through court . • 13 Relief against termination for non-payment of hire . . 14
Relief against tcrmiaation for unauthorised act or breach of express condition . • 14 Obligation of owner to supply copies and information . . 14
CHAPTER VI
MISCELLANEOUS 24. Discharge of price otherwise than by payment of money 15 25. Insolvency of hirer, etc. 15 26. Successive hire-purchase agreements between same parties 16 27. Evidence of adverse detention in suit or application to recover possession of goods 16 28. Hirer's refusal to surrender goods not to be conversion in certain cases 16 29. Service of notice . . 16 30. Power to exempt from provisions of sections 6, 9, 10, 12 and 17 in certain cases 16 31. Act not to apply to existing agreements 16
SPECIMENS OF HIRE-PURCAHSE AGREEMENTS 17 THE HIRE-PURCHASE (REPEAL) ACT, 2005 (31 of 2005)

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