M.D., ORIX AUTO FINANCE (INDIA) LTD. vs JAGMANDER SINGH

The Supreme Court upheld the dismissal of a Civil Revision under Section 115 of the Code of Civil Procedure, 1908, concerning a Hire Purchase Agreement. The Court emphasized that the financier's right to terminate the agreement and forfeit payments was valid upon the hirer's default in payment, as stipulated in Clause 10 of the agreement. The ruling confirmed that the financier could reclaim possession of the vehicle without notice due to the hirer's failure to comply with payment terms.