The Managing Director, Orix Auto ... vs Shri Jagmander Singh & Anr

The Supreme Court upheld the dismissal of a Civil Revision under Section 115 of the Code of Civil Procedure, 1908, affirming that the terms of the Hire Purchase Agreement were valid and enforceable. The Court established that upon default in payment of instalments, the financier had the right to terminate the agreement and repossess the vehicle without notice. The Court found that the hirer's failure to comply with the payment terms justified the financier's actions, thereby reinforcing the enforceability of contractual obligations.