Bare Act Search Results

Hire-purchase Act, 1972 [Repealed] Section 6

Title: Warranties and Conditions to Be Implied in Hire-purchase Agreements

State: Central

Year: 1972

.....and if the goods are let tinder the agreement by reference to a sample as well as by description, it shall not be sufficient mat the bulk of the goods correspond with the sample if the goods do not also correspond with the description. (6) An owner shall not be entitled to rely on any provision in a hire-purchase agreement excluding or modifying the condition set out in sub-section (3) unless he proves that before the agreement was made the provision was brought to the notice of the hirer and its effect made clear to him. (7) Nothing in this section shall prejudice the operation of any other enactment or rule of iaw whereby any condition or warranty is to be implied in any hire-purchase agreement.

Hire-purchase Act, 1972 [Repealed] Chapter III

Title: Warranties and Conditions, Limitation on Hire-purchase Charges and Passing of Property

State: Central

Year: 1972

.....was brought to the notice of the hirer and its effect made clear to him. (7) Nothing in this section shall prejudice the operation of any other enactment or rule of iaw whereby any condition or warranty is to be implied in any hire-purchase agreement. Section 7 - Limitation on hire-purchase charges (1) In this section, -- (a) "cash price instalment", in relation to a hire-purchase instalment, means an amount which bears to the net cash price the same proportion as the amount of the hire-purchase instalment bears to the total amount of hire-purchase price; (b) "deposit'" means any sum payable by the hirer under the hire-purchase agreement by way of deposit or other initial payment or credited or to be credited to him under the agreement on account of any such deposit or payment. whether that sum is to be or has been discharged by payment of money or by transfer or delivery of goods or by any other means; (c) "net cash price", in relation to goods comprised in a hire-purchase agreement, means the cash price of such goods as required to be specified in the hire-purchase agreement under clause (b) of sub-section (1) of section 4, less any deposit as defined in clause.....

Hire Purchase Act, 1972 Complete Act

State: Central

Year: 1972

.....passed by assignment or by operation of law ; (g) each of the words and expressions used and not defined in this Act but defined in the Indian Contract Act, 1872 (9 of 1872)-or the Sale of Goods Act, 1930 (3 of 1930)-shall have the meaning assigned to it in that Act. SECTION 03: HIRE--PURCHASE AGREEMENTS TO BE IN WRITING AND SIGNED BY PARTIES THERETO (1) Every hire-purchase agreement shall be- (a) in writing, and (b) signed by all the parties thereto. (2) A hire-purchase agreement shall be void if in respect thereof any of the requirements specified in sub-section (1) has not been complied with. (3) Where there is a contract of guarantee, the hire-purchase agreement shall be signed by the surety also, and if the hire-purchase agreement is not so signed, the hire-purchase agreement shall be voidable at the option of the owner. SECTION 04: CONTENTS OF HIRE--PURCHASE AGREEMENTS (1) Every hire-purchase agreement shall state- (a) the hire-purchase price of the goods to which the agreement relates ; (b) the cash price of the goods, that is to say, the price at which the goods may be purchased by the hirer for cash ; (c) the date on which the agreement shall be deemed to have commenced.....