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    <title>2006 (2) TMI 625 - Supreme Court</title>
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    <description>A hire purchase agreement may expressly permit a financier to repossess a financed vehicle on default of instalments or breach of contractual conditions, and that contractual right remains enforceable where default is admitted. The exact amount recoverable may still have to be determined separately in the civil suit. Interim relief concerning release of the vehicle can be moulded to protect both sides by securing the financier&#039;s dues, requiring undertakings for return if the hirer fails, and balancing deterioration in the vehicle&#039;s value against the financier&#039;s claim. Contract terms are not ordinarily rewritten in writ proceedings unless unconscionable or opposed to public policy.</description>
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    <pubDate>Fri, 10 Feb 2006 00:00:00 +0530</pubDate>
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      <title>2006 (2) TMI 625 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=168353</link>
      <description>A hire purchase agreement may expressly permit a financier to repossess a financed vehicle on default of instalments or breach of contractual conditions, and that contractual right remains enforceable where default is admitted. The exact amount recoverable may still have to be determined separately in the civil suit. Interim relief concerning release of the vehicle can be moulded to protect both sides by securing the financier&#039;s dues, requiring undertakings for return if the hirer fails, and balancing deterioration in the vehicle&#039;s value against the financier&#039;s claim. Contract terms are not ordinarily rewritten in writ proceedings unless unconscionable or opposed to public policy.</description>
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