https://www.taxtmi.com/caselaws?id=799179 Contractual self-help repossession of a hypothecated vehicle requires compliance with binding RBI fair-recovery safeguards and contractual fairness. A valid repossession clause must provide prior notice, an opportunity to cure default, a lawful and peaceful possession process, and a transparent sale procedure; terms allowing termination without notice, entry wherever located, or unilateral waiver of notice fail those standards. Repossession without the stipulated pre-repossession notice, through forcible night-time seizure, breaches those safeguards and may constitute arbitrary deprivation affecting livelihood interests under Articles 14 and 21. Delay does not defeat relief where the borrower pursued remedies bona fide and no prejudice is established. Relief includes restitution, interest, compensation, and costs without necessarily undoing a completed sale. en-us Wed, 16 Sep 2026 00:00:00 +0530 Fri, 18 Sep 2026 07:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799179 Contractual self-help repossession of a hypothecated vehicle requires compliance with binding RBI fair-recovery safeguards and contractual fairness. A valid repossession clause must provide prior notice, an opportunity to cure default, a lawful and peaceful possession process, and a transparent sale procedure; terms allowing termination without notice, entry wherever located, or unilateral waiver of notice fail those standards. Repossession without the stipulated pre-repossession notice, through forcible night-time seizure, breaches those safeguards and may constitute arbitrary deprivation affecting livelihood interests under Articles 14 and 21. Delay does not defeat relief where the borrower pursued remedies bona fide and no prejudice is established. Relief includes restitution, interest, compensation, and costs without necessarily undoing a completed sale. Case-Laws Indian Laws Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799179