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Section 14 – The Hire-Purchase Act, 1972

The Hire-Purchase Act, 1972

 

14. Obligation of hirer in respect of care to be taken of goods.-

 

(1) A hirer in the absence of a contract to the contrary.-

shall be bound to take as much care of the goods to which the hire-purchase agreement relates as a man of ordinary prudence would, under similar circumstances, take of his own goods of the same bulk, quality and value

shall not be responsible for the loss, destruction or deterioration of the goods, if he has taken the amount of care thereof described in clause (a).

 

(2) The hirer shall be liable to make compensation to the owner for any damage caused by failure to take care of the goods in accordance with the provisions of sub-section (1).

 

COMMENTS

The hirer is bound to take as much care of the goods as a man of ordinary prudence would under similar circumstances, take of his own goods and he is responsible for the loss, destruction or deterioration of the goods. The hirer is liable to make compensation to the owner for any damage caused by failure to take care of the goods.

 

 

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The Hire-Purchase Act, 1972

 

 

Indian Laws – Bare Acts

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