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Section 16 – The Hire-Purchase Act, 1972

The Hire-Purchase Act, 1972

 

16. Obligation of the hirer to give information as to whereabouts of goods.-

 

 (1) Where by virtue of a hire-purchase agreement a hirer is under a duty to keep in his possession or control the goods to which the agreement relates, the hirer shall, on receipt of a request in writing from the owner, inform the owner where the goods are at the time of a request in writing from the owner, inform the owner where the goods are at the time when the information is given or, if it is sent by post, at the time of posting.

 

If the hirer fails without reasonable cause to give said information within fourteen days of the receipt of the notice, he shall be punishable with fine which may extend to two hundred rupees.

 

 

 

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The Hire-Purchase Act, 1972

 

 

Indian Laws – Bare Acts

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