CITICORP.MARUTI FINANCE LTD. vs S.VIJAYALAXMI

The Supreme Court upheld the National Consumer Disputes Redressal Commission's decision, which modified the State Commission's order regarding a Hire-Purchase Agreement under which the Respondent defaulted on payments. The Court emphasized that timely payment is essential under Clause 2.1 of the Agreement and confirmed the Appellant's right to take possession of the vehicle after multiple defaults, including 26 dishonoured cheques. The Court ruled that the Respondent's appeal was without merit and upheld the costs imposed by the National Commission.