HIRE PURCHASE: REPOSSESSION Flashcards

1
Q

Why repossession is done?

A
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2
Q

How many procedures for repossession?

A
  1. Default in payment.
  2. Service of 4th schedule notice.
  3. Repossession.
  4. Service of 5th schedule notice.
  5. Selling off repossessed goods.
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3
Q

What section is in default of payment?

A
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4
Q

What section is in Service of 4th schedule notice?

A
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5
Q

What section is in repossession?

A
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6
Q

What section is in service of 5th schedule notice?

A
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7
Q

What section is in selling off repossessed goods?

A
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