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PETITION FOR PERMISSION TO SELL MINOR'S PROPERTY UNDER THE GUARDIANS AND WARDS ACT  Act VIII of 1890 Case No. . In the Court of the District Judge ...............................................at…………………………..................... In the matter of the Guardians and Wards Act VIII of 1890 And  In the matter of s. 29 of the said Act And  In the matter of ,,,……………………….,,,,,,,,,,,,,,,,,,,,,, a minor resident at....................................  And In the matter of permission to sell the said minor's property. The   humble   petition   of A,   the certified guardian of the said minor . The applicant above-named states as follows: 1. That by an order made the ............ day of................... your petitioner was selected guardian of the person and properties of the minor A, which order is still enforceable and petitioner is governing the property of the said minor as his mandatory guardian. petitioner has kept proper account of said property up to date and presented the same in court from by which it is clear that funds in the hands of petitioner is Rs......................... only. 2. That at the time of appointment the property of minor which having of inter alia one-fourth share in premises No........................................ was indebted to one B of No. ……………............. to the tune of  Rs……………… ......... being, his divided share of liability under a mortgage dated ............................. executed by the father of minor which now comes to Rs............................ including interest calculated up till................................ 3. That the said B who filed a suit bearing Title Suit No. ………………………………......... of …………………….......... in the court of ................................................................. for enforcing  said mortgage and got the preliminary decree for Rs................................... on the .............. day of…………………........ is now threatening in applying for final decree for vending of property. 4. That in above stated circumstances and in the best interest /benefit of the said minor, petitioner and other co-sharers of said minor, liable paying three-fourths share of the said debt, have consented to sell the property for Rs. ..................... privately, leaving a margin Rs. …………….......... with them after paying the mortgage debt out of which a sum of Rs. ……………............ will come in the hands of petitioner being the proportionate share of the said minor in the surplus sale proceeds. An affidavit by the purchaser of intending property Rs. ............................... is filed herewith. 5. That residential house of said minor, i.e., premises No............................ is in immediate repairs without repair the same will be unfit for habitation and until certain urgent repairs are immediate carried on a portion also fall very soon. The likely costs of such repairs are Rs. …………......... as will appear from certificate of the engineer hereunto unclosed and marked Z. The minor having no money to execute the said repairs presently as appearing from the account filed as stated above. 6. That the market value of the property desired to be sold would be Rs......................... as given in the valuation certificate annexed and marked B, and the same at present gives no income. 7. That this application is made bona fide with interest of and benefit of minor. Petitioner hence prays: (i) Leave be granted to your petitioner to sell the undivided one-fourth share of the minor in the property described in Schedule A to .........or any other person or persons at a price not less than Rs……………............. and to execute and register the compulsory conveyance. (ii) Your petitioner be at liberty to redeem the proportionate mortgage debt of the minor relating the said premises out of the proceeds of such sale and apply the balance towards the costs of repairs to the residential house of the said minor. (iii) Further order or orders be made and directions given, as may appear just and proper and your petitioner as in duty bound shall ever pray. THE SCHEDULE  Verification I, ………………………………………….…….., son of........................................................... aged about ............ years residing at ……………………………………………………………………………………………………………………………………........ by occupation service do hereby solemnly affirm and say as follows: I am the petitioner above-named. I know and I have made myself acquainted with the facts and circumstances of this case and I am able to depose thereto. The statements in paragraphs 1 to 7 and the Schedule hereinabove of the petition are true to my best knowledge based on information derived from records in my possession, proceedings before this Learned Court. Orders and Valuation Report and believed by me to be true and that I have not suppressed any material fact. The statements hereinabove are true to my best knowledge. I sign this verification on this ............ day of............ 20…... Signature …… Signature of Advocate Before me Notary                                                                  N.B.  There shall be two affidavits from two independent persons as to what is the estimated value of the property and advantage/benefit of desired sale.      Download Word Document In English. (Rs.30/-) Download PDF Document In Marathi. (Rs.20/-)

PETITION FOR PERMISSION TO SELL MINOR'S PROPERTY UNDER THE GUARDIANS AND WARDS ACT  Case No. …………………………………………………………………….……….. In the Court of the District Judge                        ........................................at.......................  In the matter of the Guardians and Wards Act VIII of 1890 And In the matter of s. 29 of the said Act  And In the matter of ………………………….………., a minor resident at............................................... And In the matter of permission to sell the said minor's property.  The   humble   petition   of A,   the certified guardian of the said minor . The applicant above-named states as follows:  1. That by an order made the ............ day of................... your petitioner was selected guardian of the person and properties of the minor A, which order is still enforceable and petitioner is governing the property of the said minor as his mandatory guardian. petitioner has kept proper account of said property up to date and presented the same in court from by which it is clear that funds in the hands of petitioner is Rs......................... only.  2. That at the time of appointment the property of minor which having of inter alia one-fourth share in premises No....... was indebted to one B of No. ……………............ to the tune of Rs. …………......... being, his divided share of liability under a mortgage dated ......................... executed by the father of minor which now comes to Rs......................... including interest calculated up till.......  3. That the said B who filed a suit bearing Title Suit No. ................................. of ……………......... in the court of …………………........... for enforcing  said mortgage and got the preliminary decree for Rs................. on the ......... day of......... is now threatening in applying for final decree for vending of property.  4. That in above stated circumstances and in the best interest /benefit of the said minor, petitioner and other co-sharers of said minor, liable paying three-fourths share of the said debt, have consented to sell the property for Rs. ..................... privately, leaving a margin Rs. ......... with them after paying the mortgage debt out of which a sum of Rs. ............ will come in the hands of petitioner being the proportionate share of the said minor in the surplus sale proceeds. An affidavit by the purchaser of intending property Rs. ......... is filed herewith.  5. That residential house of said minor, i.e., premises No……………......... is in immediate repairs without repair the same will be unfit for habitation and until certain urgent repairs are immediate carried on a portion also fall very soon. The likely costs of such repairs are Rs. …………....... as will appear from certificate of the engineer hereunto unclosed and marked Z. The minor having no money to execute the said repairs presently as appearing from the account filed as stated above.  6. That the market value of the property desired to be sold would be Rs...................... as given in the valuation certificate annexed and marked B, and the same at present gives no income.  7. That this application is made bona fide with interest of and benefit of minor. Petitioner hence prays: (i) Leave be granted to your petitioner to sell the undivided one-fourth share of the minor in the property described in Schedule A to ........... or any other person or persons at a price not less than Rs…………............ and to execute and register the compulsory conveyance. (ii) Your petitioner be at liberty to redeem the proportionate mortgage debt of the minor relating the said premises out of the proceeds of such sale and apply the balance towards the costs of repairs to the residential house of the said minor. (iii) Further order or orders be made and directions given, as may appear just and proper and your petitioner as in duty bound shall ever pray. THE SCHEDULE Verification I, AB, son of......... aged about ............ years residing at ............................................................................................. by occupation service do hereby solemnly affirm and say as follows: I am the petitioner above-named. I know and I have made myself acquainted with the facts and circumstances of this case and I am able to depose thereto. The statements in paragraphs 1 to 7 and the Schedule hereinabove of the petition are true to my best knowledge based on information derived from records in my possession, proceedings before this Learned Court. Orders and Valuation Report and believed by me to be true and that I have not suppressed any material fact. The statements hereinabove are true to my best knowledge. I sign this verification on this ............ day of............ 1999. Signature …… Signature of Advocate Before me Notary                                                                   N.B.  There shall be two affidavits from two independent persons as to what is the estimated value of the property and advantage/benefit of desiredsale.  Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.30/-)

Hire – Purchase Agreement for a T.V. Set This agreement made on this………………day of…………….BETWEEN AB, etc. (hereinafter called the “owner”) of the one part and CD, etc., (hereinafter called the “hirer”) of the second part and EF, etc., (hereinafter called the “guarantor”) of the third part. 1.     The hirer has agreed to take on hire a T.V. set of……………make No………………..; 2.     The owner has agreed to give on hire the said T.V. set to the hirer under the terms and conditions hereinafter appearing ; and 3.     In condition of the owner having delivered the said TV set to the hirer on the assurance of the said guarantor in accordance with the terms mentioned below : Now this Agreement between the aforesaid parties Witnesses as follows : 1.     That the hirer has paid a sum of Rs……………..as the first instalment of the hire for the month commencing with……………..in advance of the date of this agreement (the receipt whereof the owner hereby acknowledges). The hirer shall hereafter pay a sum of Rs………………. per month in advance continuously and punctually on the …………..day of………….to the owner for the use of the said T.V. set at………………..(particulars of the house). 2.     That in case the hirer pays to the owners punctually………….. instalments as aforementioned, i.e., has paid a sum of Rs……………in all as hire as abov-mentioned till the date of…………it shall be at the option of the hirer to become the owner of the said T.V. set on payment of Re. 1 to the owner in which event the hirer become the absolute owner of the said T.V. set. But until the actual payment of the total sum of Rs…………..paid monthly as hire and until the payment of Re.1 for option to purchase, the property in the T.V. set shall remain in the owner and the hirer shall be deemed to be merely a bailee thereof without any right to part with possession of the said T.V. set to be used or kept in custody by any other person. I shall, however, be open to the said hirer to pay the sum of Rs………….including the sums already paid as hire by him as aforesaid before the final payment of the last hire instalment as aforementioned and on payment of the said balance along with Re.1 for option to purchase the same the hirer shall become along the owner of the said T.V. set. In case the hirer shall desire to terminate this hirer agreement prior to the payment of the instalments of hire as aforementioned, hirer shall be bound to pay at least the sum of Rs…………..(50 per cent of the price) to cover the depreciation and the fall in price of the T.V. set. The owner shall be entitled to terminate this agreement in the event of the hirer making default in the punctual payment of the hire instalment as agreed to above. In that event, the owner shall be entitled to seize the said T.V. set and take possession of it and the hirer shall give access to the owner for such purpose and the owner shall not be liable to the hirer for such action in any manner whatsoever. The owner in such an event shall be entitled to recover from the hirer all the hire instalments in arrear and in case such instalmets be less than 50 per cent of the orginial price (viz. Rs………………) he shall be entitled to recover the balance that accrues after taking into account the previous hire instalments paid to the extent to which the said payments do not equal the 50 per cent. Of the said price of the T.V. set. 3.     That in case the T.V. set is destroyed or injured in any manner while in custody of the hirer, the hirer shall be bound to get the said T.V. set repaired immediately and in the event of the non-repair the owners will be entitled to seize the said T.V. set and get it repaired and realise the said repairs besides his dues as aforementioned. 4.     That the hire shall be bound to pay all public charges and licence fees until he becomes the owner of the said T.V. set as aforementioned and in default whereof, the hirer shall be liable for any damages to the owner. The hirer shall not be entitled to remove the said T.V. set from the aforementioned premises except with the consent in writing of the owner. 5.     That in consideration of the owner having delivered the said T.V. set to the hirer on the terms as aforementioned the guarantor has agreed with the owner to guarantee the punctual and continuous payments of the hire instalments as aforementioned until either the hire agreement is terminated by the hirer or until all the hire instalments as aforementioned have been paid to the owner. The guarantor shall also be liable to the owner for any damages caused to the said T.V. set in any manner whatsoever whilst in custody of the hirer or until it is delivered in good condition to the owner in accordance with or pursuant to the terms of this agreement or until it is seized by the owner in the events aforementioned. The guarantor, his heirs and successors shall be liable to be truly bound by the terms of this agreement. in Witness Whereof, the parties hereto have signed this hire agreement with the option of purchase as mentioned above. EF AB ………………… ……………….. (Guarantor) (Owner) CD …………… ( Hirer) Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

NOTICE OF TERMINATION OF HIRE PURCHASE AGREEMENT BY THE OWNER  To, Sh.__________________________  (Name and address of the Hirer)  Dear Sir,  This is with reference to the Hire Purchase Agreement dated _____________ entered into between you, as hirer and we, as owner whereby we let you on hire _____________________ more specifically described in the Schedule I of the said agreement and on such terms and conditions as is provided in the said agreement. We, now, serve upon you this notice of termination for the following cause of action: 1. That as per the clause ___ of the said agreement you were required to pay to the owner and without previous demands the sum mentioned in Schedule 2 thereto by way of rent for the hire of vehicle, on or before the _______the day of every succeeding calendar month. 2. That you have failed to pay the amount due to the owner as hire payments for the months of _______, _____, and ___________ and has also breached the condition laid down in clause ___ of the said agreement.  3. That as per Clause ______ of the said agreement, the Owners have the authority to terminate with or without notice, the contract of hiring and forthwith retake and recover possession of the vehicle if the hirer commits any of the breach of the conditions and obligations herein stipulated. 4. We, therefore, hereby terminate the said agreement and call upon you to pay us the arrears due as aforesaid and a sum of Rs. _________ (Rupees_________________________________________ only) as compensation for breach of the terms and conditions of the said agreement, by virtue of clause ___ within a period of ___ days of this notice. We, further, call upon you to return the said _________ to the owner within a period of ___ days of this notice otherwise we shall be constrained, by virtue of clause _______ of the said agreement, to enter, through our agents or any other persons employed or authorised by us, the building, premises or place where the vehicle may be or may supposed to be and take possession of the same from you or any other person using or possessing the same without being liable to any suit or other proceedings by you or any person claiming under you. We shall also be constrained to take further necessary action against you in the competent court of law at your risk and cost. Kindly take notice.  Copy of this notice is retained in our records for further action if required. Yours faithfully,  For & on behalf of the Owner  Authorised Representative/Partner   Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs.40/-)

HIRE PURCHASE OF A VEHICLE  Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs.40/) THIS AGREEMENT  made on this _______ day of __________ between ______________________________ a company registered under the Companies Act, 1956 and having its registered office at___________________________________________________________ hereinafter referred to as "the Owner" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part AND Sh. _____________________________ S/o _____________________________  r/o _________________________________________________________-_________ hereinafter referred to as "the Hirer" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the other part. AND Sh.____________________ ___________ S/o ______________________________  r/o________________________________________________________ ____________ hereinafter referred to as "the Guarantor" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the third part. WHEREAS the Hirer and the Guarantor have signed a proposal form for hire of a vehicle (which is to be regarded as the basis of this contract) and the Owner has accepted the proposal and purchased the vehicle at a cost price of Rs.____________ and agrees to let it on hire to the Hirer on the terms and conditions hereinafter appearing.  NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:  1. The Owner, being the absolute Owner of the motor vehicle with fittings, tools and accessories and additions more particularly described in the Schedule I hereto and hereinafter collectively called "the vehicle" agrees to let and the Hirer agrees to take on hire the vehicle from the date hereof subject on the following terms and conditions  2. The Hirer shall pay to the Owner on the execution of this Agreement the sum of Rs.__________ as an initial payment by way of these agreements to the Owner and will punctually pay to the Owner and without previous demands the sum mentioned in Schedule payment on seventh of every month. 3. One New/Second Hand ____________________ (nature of vehicle) Make _________and Model __________, bearing Engine No. _______________, Chasis No.________ ________Registered No______.___________ complete with/without accessories is received by Hirer from owner in good condition. 4. After paying all payments as given in Schedule of payments the hirer will become absolute owner of Vehicle. 5. The Hirer shall be at liberty at any time during the continuance of this Agreement to terminate the hiring by returning the vehicle to the Owner in the same order and condition in which it was delivered to the Hirer (reasonable wear and tear excepted) free of all expenses to the Owner. The Hirer shall pay to the Owner the stipulated hire up to the date of such termination and 10% of the balance of the total unpaid hire as compensation to the Owner.  6. The Hirer will insure the vehicle for all ricks at its own cost and To indemnify the Owner against loss by reason of damage to or destruction or loss of the vehicle from any cause whatsoever or by reason of claims by third parties in respect of the same.  7. The Hirer will pay in the name and on behalf of the Owner all fees and taxes, payable in respect of the vehicle as and when the same becomes due and to indemnify the Owner against all such payments. 8. The Hirer will return to the Owner the permit, the registration certificate and all other papers and certificates granted by the Registering authority in the event of the termination of the hiring contract or repossession by the Owner.  9. The Hirer agrees to pay to the Owner compensation @ __% per men sem on the amount of any sum overdue.  10. The Owner may terminate with or without notice, the contract of hiring and forthwith retake and recover possession of the vehicle if the Hirer commits any of the breach of the conditions and obligations herein stipulated. Any such termination shall be without prejudice to any claims the Owner may have in respect of any terms or conditions of this Agreement .For the purposes of such repossession or attempted repossession of the vehicle, leave and licence is hereby given to the Owner, its agents or any other persons employed or authorised by it to enter any building, premises or place where the vehicle may be or may supposed to be and take possession of the same from the Hirer or any other person using or possessing the same without being liable to any suit or other proceedings by the Hirer or any person claiming under him.  11. The Guarantor, in consideration of the Owner agreeing to hire the vehicle to the Hirer, agrees as the principle obligator to observe and perform the terms and conditions of this Agreement and also hereby guarantees the due performance and observance thereof by Hirer and agrees to pay on demand any moneys due or which become payable under this Agreement (and not paid by the Hirer),. The obligations of the Guarantor shall remain in full force until the Hirer is discharged form this Agreement and are irrevocable.  12. Every dispute, difference, or question which may, at any time, arise between the parties hereto or any person claiming under them, in respect of any clause of the Agreement or the subject-matter thereof, shall be referred to the arbitration of ___________ (name of the Arbitrator) or, if he shall be unable or unwilling to act, to another arbitrator to be agreed upon between the parties or failing Agreement, to three arbitrators one to be appointed by each party to the dispute or difference and the two appointed arbitrators shall appoint the third arbitrator who shall act as the presiding arbitrator and the decision of the arbitrator (or, arbitrators) shall be final and binding on the parties. Subject as aforesaid the Arbitration and Conciliation Act, 1996 and the rules made there under shall apply to the arbitration proceedings under this clause. The award of the arbitrator or Arbitrators appointed as above shall be conclusive and binding on the parties.  PAYMENT SCHEDULE  Initial payment at the time of agreement Rs______  36 No monthly instalments of Rs__________  IN WITNESS WHERE OF, the parties hereto have signed this Agreement on the day and year first here-in-above written.    For and behalf of the Company   Authorised Representative  Hirer  Guarantor   Witness:  1.  2.  3.

HIRE-PURCHASE AGREEMENT  Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs.40/) THIS AGREEMENT  made on this _______ day of __________ between _____________________ a company registered under the Companies Act, 1956 and having its registered office at____________________________ hereinafter referred to as "the Owner" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part  AND Sh. _______________________________ S/o ______________________________ r/o ______________________________________________________________________ hereinafter referred to as "the Hirer" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the other part. Sh. ____________________________ S/o____________________________  r/o __________________________________________________________________ hereinafter referred to as "the Guarantor" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the third part. WHEREAS the Hirer want to purchase goods specified in schedule-1 of this agreement and the owner has agreed to finance the purchase of these goods by hirer at a cost price of Rs._________ and agrees to let it on hire to the Hirer on the terms and conditions hereinafter appearing. WHEREAS IT IS AGREED AS FOLLOWS:  1. The owner will let and the hirer will take on hire the goods mentioned in schedule-1 of this agreement for the term of _______months/years from the date of this agreement, at a monthly rent of Rs ______to be paid by instalments in the manner hereunder stated subject nevertheless the termination clause hereunder contained. 2. The hirer has already paid to the owner the sum of Rs___________ being the first month's rent (the receipt of which sum the owner hereby acknowledges), and the hirer shall continue to pay to the owner a further sum of Rs____________ per month, as instalment of such rent on the7th. Day of each succeeding month during the said term. After paying, all payments as given in Schedule of payments the hirer will become absolute owner of goods.  3. The hirer shall, maintain all the said hired Goods in good order and condition. He shall preserve them against any loss or injury by theft or otherwise, reasonable wear and tear shall be excepted. The hirer at all times allow the owner, his agents or servants to inspect the hired Goods on demand. In the event of the goods being damaged or destroyed beyond repairs or replacement or lost by fire, theft or any other cause, the hirer shall nevertheless remain liable for and pay the owner all remaining instalments due on the goods.  4. The hirer shall not remove or permit removal of the hired goods from the above address of the hirer; without the owner's previous written consent  5. The hired goods will remain property of owner until the full payment of hire purchase amount. The hirer shall not before he becomes the full Owner sell, assign, encumber or subject the goods to suffer any decree or order of any court whereby the goods or any portion thereof may be attached or charged, encumbered or otherwise seized or taken in execution. 6. On failure of hirer to carry out any of the terms of this agreement, the owner may terminate the Hire Purchase Agreement and take back possession of the said goods. For taking back of goods the hirer/any other person who possess the goods on behalf of the hirer hereby gives the owner, his agents or servants all facilities to enter in or upon any premises occupied by the hirer, to search for, seize and retake possession of all the said goods without being liable in any way for any action for trespass or otherwise or at all. This taking back of goods will not prejudice to the right of owner to recover any arrears of rent and damages for breach of this agreement. 7. Notwithstanding anything contained in this agreement, the hirer may terminate this agreement at any time by surrender and return of the said goods to the owner but he shall remain liable for the balance of instalments still to be paid.  8. The hirer may, at any time during the term of hiring, become the absolute owner of the goods hereby hired by paying to the owner all arrears of rent (if any) and all rents which would become due on this agreement during the said term without any discount or deduction or, subject to a discount of _________per cent. on all remaining payments.  10. The hirer shall keep the goods insured against fire, theft, injury, accident and also third party risks in the name of the owner or in their joint name and regularly and punctually pay each premium as and when the same shall become due.  11. Any time concession or indulgence granted or shown on the part of the owner will not prejudice his rights under this agreement.  12. The Guarantor, in consideration of the Owner agreeing to hire the goods to the Hirer, agrees as the principle obligator to observe and perform the terms and conditions of this Agreement and also hereby guarantees the due performance and observance thereof by Hirer and agrees to pay on demand any moneys due or which become payable under this Agreement (and not paid by the Hirer),. The obligations of the Guarantor shall remain in full force until the Hirer is discharged form this Agreement and are irrevocable.  13. Every dispute, difference, or question which may, at any time, arise between the parties hereto or any person claiming under them, in respect of any clause of the Agreement or the subject-matter thereof, shall be referred to the arbitration of ___________ (name of the Arbitrator) or, if he shall be unable or unwilling to act, to another arbitrator to be agreed upon between the parties or failing Agreement, to three arbitrators one to be appointed by each party to the dispute or difference and the two appointed arbitrators shall appoint the third arbitrator who shall act as the presiding arbitrator and the decision of the arbitrator (or, arbitrators) shall be final and binding on the parties. Subject as aforesaid the Arbitration and Conciliation Act, 1996 and the rules made there under shall apply to the arbitration proceedings under this clause. The award of the arbitrator or Arbitrators appointed as above shall be conclusive and binding on the parties.  IN WITNESS WHERE OF, the parties hereto have signed this Agreement on the day and year first here-in-above written.    For and behalf of the Company  Authorised Representative  Hirer  Guarantor  Witness: 1. 2. 3.

TERMINATION OF HIRE PURCHASE AGREEMENT  To, Sh. __________________ (Name and address of the Hirer)  ______________________ Subject:- Termination of Hire Purchase Agreement  Dear Sir,  This is with reference to the Hire Purchase Agreement dated ____________ entered into between you, as hirer and we, as owner whereby you are letted on hire (Name of item) _________ under the said agreement and on terms and conditions of agreement. We are sorry to say that you are not fulfilling the terms and condition of said Hire Purchase Agreement. We are serving you the notice of termination of Hire Purchase Agreement for the following cause of action: 1. That as per the clause ___ of the said agreement you are required to pay us the sum of Rs.______ by way of rent, without previous demands on or before the 7th. day of every succeeding calendar month. 2. That you have failed to pay the amount due to the owner as hire payments for the last three months. 3. That as per Clause ___ of the said agreement, we have the authority to terminate the said Hire Purchase Agreement with or without notice, and recover possession of the Goods given to you on hire purchase under the said agreement. We can also terminate the agreement, if the hirer commits any of the breach of the conditions and obligations stipulated in Hire Purchase Agreement. 4. That by not paying the amount due to us on time, you have committed the breach of clause__________ of said Hire Purchase Agreement. We, therefore, hereby terminate the said Hire Purchase Agreement for the reasons detailed in Para 1 to 4. We call upon you to pay us the arrears due and a sum of Rs. _________ (Rupees___________ only) as compensation for breach of the terms and conditions of the said agreement, by virtue of clause ___ within a period of 15 days of this notice. We, further, call upon you to return the said Goods to the owner within a period of 15 days of this notice. In case of non returning of hired Goods, we shall be constrained, by virtue of clause __ of the said agreement, to enter, through our agents or any other persons employed or authorised by us, the building, premises or place where the Goods may be or may supposed to be and take possession of the same from you or any other person using or possessing the Goods.  In case, you do not paid your arrears and compensation money and returned the goods, we shall also be constrained to take further necessary action against you in the competent court of law at your risk and cost and without any further intimation, please note.  For & on behalf of the Owner   Authorised Representative/Partner Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

AGREEMENT FOR HIRE PURCHASE OF A VEHICLE WITH A FINANCIER AND A GUARANTOR  Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs.40/) THIS AGREEMENT made on this _______ day of __________ between ____________________________ a company registered under the Companies Act, 1956 and having its registered office at______________________________________________________ hereinafter referred to as "the Owner" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part AND Sh. __________________________________________ S/o _____________________________________________  r/o __________________________________________________________________ hereinafter referred to as "the Hirer" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the other part. AND Sh. ____________________________________________ S/o _____________________________________________  r/o _______________________________________________ hereinafter referred to as "the Guarantor" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the third part. WHEREAS the Hirer and the Guarantor have signed a proposal form for hire of a vehicle (which is to be regarded as the basis of this contract) and the Owner has accepted the proposal and purchased the vehicle at a cost price of Rs.____________ and agrees to let it on hire to the Hirer on the terms and conditions hereinafter appearing.  NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:  1. Hire of Vehicle  The Owner, being the absolute Owner of the motor vehicle with fittings, tools and accessories and additions more particularly described in the Schedule I hereto and hereinafter collectively called "the vehicle" agrees to let and the Hirer agrees to take on hire the vehicle from the date hereof subject to the terms and conditions herein contained and hereto annexed and which shall be taken and read as part of this Agreement.  2. Hirer to make initial payment  The Hirer shall pay to the Owner on the execution of this Agreement the sum of Rs.__________ as an initial payment by way of hire which shall become the absolute property of the Owner and will punctually pay to the Owner and without previous demands the sum mentioned in Schedule II by way of rent for the hire of vehicle, the first payment to be made on the _________ day of ___________, and each subsequent payment on or before the _______ day of every succeeding calendar month unless the Hirer shall have terminated this Agreement as hereinafter provided. 3. Hirer to become the owner of the vehicle on completion of Agreement If the Hirer shall duly perform and observe all the terms and conditions contained in this Agreement and the covenants on his part to be performed and observed, and shall in a manner aforesaid pay to the Owner all other sums of money which may become payable to it by the Hirer under this Agreement, the hiring shall come to an end and the vehicle shall at the option of Hirer (to be exercised by him) become his property and the Owner will assign and make over all his right, title and interest in the same to the Hirer but until such payments as aforesaid have been made the vehicle shall remain the absolute property of the Owner.  4. Termination of Agreement by the Hirer  The Hirer shall be at liberty at any time during the continuance of this Agreement to terminate the hiring by returning the vehicle to the Owner in the same order and condition in which it was delivered to the Hirer (reasonable wear and tear excepted) free of all expenses to the Owner. The Hirer shall pay to the Owner the stipulated hire up to the date of such determination including apportioned hire for any broken period of the month and 25% of the balance of the total unpaid hire (still to fall due) as compensation to the Owner for depreciation in the value of the vehicle. The Hirer shall not be entitled to any allowance, return or credit in respect of any previous payment made by him under the terms of this Agreement, but this shall be without prejudice to any claims the Owner may have against the Hirer in respect of this Agreement.  5. Hirer's Covenants  The Hirer covenants as follows:  To keep the vehicle in thorough working condition and to make no alteration thereon or addition thereto without the previous permission of the Owner and it is agreed that in the event of this Agreement being terminated by the Owner, such additions or alterations as aforesaid shall be deemed to be the absolute property of the Owner, provided always that Hirer shall not have or be deemed to have any authority to pledge the credit of the Owner for repairs, alterations or additions.  . That the payments specified in Clause 2 are not subject to suspension or delay by reason of the vehicle requiring or undergoing repairs or being suspended by any Transport authority or pending the insurance claim or by reason of delay in the registration of the vehicle or its non-registration or non-receipt of the permit by the Hirer or on account of any alleged dispute with the Owner or any other cause or reason whatsoever.   To indemnify the Owner against loss by reason of damage to or destruction or loss of the vehicle from any cause whatsoever or by reason of claims by third parties in respect of the same.   To keep the Owner notified of the address of the premises where the vehicle is kept and of any change in the same as soon as made.   To allow the Owner's representatives free access at all reasonable times to inspect the vehicle or to take possession of the same as hereinafter mentioned.  To have the vehicle registered in the name of the Owner and not to sell mortgage, pledge, hypothecate, hire or otherwise deal with the vehicle nor to part with the possession of the vehicle nor to remove it out of __________________ (the premises where the vehicle is kept) without express written permission of the Owner previously obtained and also not to use the vehicle for any purpose other than that declared in the original proposal form.   To pay in the name and on behalf of the Owner all fees and taxes, payable in respect of the vehicle as and when the same becomes due and to indemnify the Owner against all such payments.  To return to the Owner the permit, the registration certificate and all other papers and certificates granted by the Registering authority in the event of the termination of the hiring contract or repossession by the Owner.  i.    To indemnify the Owner against, for any liability in respect of Local & Central Sales tax pertaining to the transaction covered by this Agreement.  j.  . Hirer to pay compensation in case of overdue payments The Hirer agrees to pay to the Owner compensation @ __% per mensem on the amount of any sum overdue, including any sum of taxes, fees, repairs and supplies which may be due from the Hirer to the Owner in respect of the Vehicle but this shall not, in any way, affect or prejudice the right of the Owner as provided herein to recover possession of vehicle and to determine the Agreement on default of non-payment of any of the hire payments.  k. Hirer to remain bailee of the Owner till he clears all his payments The Hirer acknowledges that he holds the vehicle as a bailee of the Owner and shall not have any proprietary right, title or interest as purchaser therein until (he shall have) exercised his option of purchase as hereinbefore provided by payment of the whole amount due under this Agreement or under any terms thereof and the Owner make over to him all its rights, title and interest in the vehicle. The Owner shall have the right to refuse to transfer the Ownership of the vehicle after they have realised their full hire amount under this Agreement if the Hirer has hired out another vehicle from the Owner in respect of which his liability is not fully discharged in terms of the Agreement under which he has hired another vehicle or guaranteed the transaction of another vehicle at their sole discretion.  L . Termination of Agreement  (i) The Owner may terminate with or without notice, the contract of hiring and forthwith retake and recover possession of the vehicle if the Hirer commits any of the breach of the conditions and obligations herein stipulated. The Agreement shall also stand terminated if the Hirer dies, or become insolvent or has a receiving order made or any insolvency notice served upon him or an attachment is levied on any of his property or the Hirer allows the vehicle to be seized in distress or execution or under any other process of law. (ii) Any such termination shall be without prejudice to any claims the Owner may have in respect of any terms or conditions of this Agreement and it is further agreed that if the hiring is determined by the Owner or by the Hirer in the manner herein provided all hire upto the date of such termination and damages for breach of the Agreement shall be paid by the Hirer to the Owner. (iii) In the event of termination of the Agreement by the Owner under the terms hereof, the Owner shall have the right to repossess the vehicle together with all articles and goods appurtenances which may happen to be in or upon the vehicle at the time of such repossession provided that all such articles found in the vehicle not being the property of the Owner shall be delivered to the Hirer. The Hirer hereby agrees to indemnify the Owner in respect of such repossession. For the purposes of such repossession or attempted repossession of the vehicle, leave and licence is hereby given to the Owner, its agents or any other persons employed or authorised by it to enter any building, premises or place where the vehicle may be or may supposed to be and take possession of the same from the Hirer or any other person using or possessing the same without being liable to any suit or other proceedings by the Hirer or any person claiming under him. 9. Insurance If the vehicle supplied by the Owner is insured through the Owner, the Hirer will, if he is not overdue with his payments, be granted such benefits as the Owner derive from the insurance in respect of any claims, if any. Such insurance, however, shall not absolve the Hirer from his liability under clause 5 hereof provided always that in the event of the vehicle being destroyed or being so extensively damaged as to be in the opinion of the insurance company a total loss, then and in that case, the amount recoverable under the insurance policy shall be applied in the first place in paying all moneys due by way of arrears of hire and such other sums due by the Hirer in terms of this Agreement and hereafter if the balance of the sums received by the Owner under such policy shall exceed such dues, the excess shall be paid by the Owner to the Hirer. The Hirer further agrees that he will be bound by any settlement the Owner may make with insurance company regarding any claim and that their discharged to the insurance company will be final and binding on him and the Owner will, in no way, be answerable to the Hirer in respect of the said settlement. 10. Hirer to give Promissory Notes as Collateral Security The Hirer hereby agrees to give to the Owner in respect of all the monthly hire payments, promissory notes by way of collateral security and he further agrees that the Owner shall be entitled to negotiate the said demand promissory notes and also to sue upon the same. 11. Hirer to satisfy himself as to the quality or state of the vehicle The Hirer has examined (or has caused to be examined) the vehicle and satisfied himself to the conditions and running and no warranty is implied on the part of the Owner as to the quality or state of the vehicle or as to its fitness for any purpose whatsoever, and the delivery receipt issued by the Hirer regarding the vehicle shall be conclusive to the effect that the vehicle has been accepted by him as duly fitted, equipped and according to contract and no claim or objection thereafter shall be admissible. 12. Delivery of Notice or other communications pursuant to Agreement Any letter, notice or other communications dispatched to the Hirer or Guarantor whether through post office or through a representative at the address last notified to the Owner by the Hirer or the Guarantor shall be deemed to have been received by them (even though it may have been returned) respectively with the remarks "refused", "undelivered" or any words to that effect, or for any other reason whatsoever provided the envelop containing the notice was properly addressed and posted. 13. Agreement -- entire understanding of the parties The Hirer and the Guarantor hereby admit that this Agreement has been fully explained to them and that they fully understand the meaning of each and every clause of the same and that they have signed this Agreement with the full knowledge of the conditions and obligations herein imposed and which they willingly incur and assume. The Agreement as herein set forth contains the entire understanding, Agreement, warranty or representation express or implied, in any way. 14. Obligations of the Grantor The Guarantor, in consideration of the Owner agreeing to hire the vehicle to the Hirer, agrees as the principle obligator to observe and perform the terms and conditions of this Agreement and also hereby guarantees the due performance and observance thereof by Hirer and agrees to pay on demand any moneys due or which become payable under this Agreement (and not paid by the Hirer), either by way of hire, debt or damages or costs, or expenses on interest/repairs/replacement and further agrees that any time granted to the Hirer or any indulgence shown in respect of the terms and conditions herein either in the shape of releasing or re giving the vehicle after the seizure to the Hirer or in any other manner shall not prejudice the Owner rights or relieve the Guarantor from his guarantee, and that it shall not be necessary for the Owner upon the Hirer being granted any such concession or indulgence as aforesaid for the Owner to give any notice to the Guarantor thereof. He further agrees that the Owner’s right or lien on the vehicle or right to seize the same shall not be destroyed by reason of any judgement, decree or order obtained against the Hirer or himself or both. The obligations of the Guarantor, thus, shall remain in full force until the Hirer is discharged form this Agreement and are irrevocable. 15. Arbitration Clause  Every dispute, difference, or question which may, at any time, arise between the parties hereto or any person claiming under them, in respect of any clause of the Agreement or the subject-matter thereof, shall be referred to the arbitration of ___________ (name of the Arbitrator) or, if he shall be unable or unwilling to act, to another arbitrator to be agreed upon between the parties or failing Agreement, to three arbitrators one to be appointed by each party to the dispute or difference and the two appointed arbitrators shall appoint the third arbitrator who shall act as the presiding arbitrator and the decision of the arbitrator (or, arbitrators) shall be final and binding on the parties. Subject as aforesaid the Arbitration and Conciliation Act, 1996 and the rules made there under shall apply to the arbitration proceedings under this clause. The award of the arbitrator or Arbitrators appointed as above shall be conclusive and binding on the parties.  IN WITNESS WHERE OF, the parties hereto have signed this Agreement on the day and year first here-in-above written.  SCHEDULE I- HEREINABOVE REFERRED TO  One New/Second Hand ____________ (nature of vehicle) Make and Model _________, bearing Engine No. _______, Chasis No. ________Registered No.__________ complete with/without accessories. SCHEDULE II- HEREINABOVE REFERRED TO INSTALMENTS BY WAY OF HIRE 1. One _________ Rs.________  2. One month after Rs.________  3. One month after Rs.________  4. One month after Rs.________ (and so on depending on the no. of instalments) For and behalf of the Company   Authorised Representative   Hirer  Guarantor Witness: 1. 2. 3.

AGREEMENT FOR HIRE OF A MACHINERY  Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs 40/) THIS AGREEMENT made on this _______ day of __________ between _____________ a company registered under the Companies Act, 1956 and having its registered office at_______________ hereinafter referred to as "the Owner" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part AND M/s ______________________________________, a Partnership firm having its principal office at ___________________________________________________ hereinafter referred to as "the Hirer" (which expression shall unless repugnant to the context or meaning thereof include the partners for the time being or any change thereof, their heirs, executors, administrators, legal representatives and assigns) of the other part.  WHEREAS (1) The Owner owns a _______________________________________ machinery (hereinafter called "the machinery") installed at the factory premises of the Owner situated at _____________________________________, which is not being used for past several years. (2) The Hirer has approached the Owner and has offered to take the machinery on hire and the Owner has agreed to let it on hire on the terms and conditions hereinafter appearing. NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:  1. Hire of Machinery  The Owner lets on hire the machinery under this Agreement for a period of ____ years and during the period of this Agreement, the machinery shall be in use and possession of the Hirer who shall also be entitled to use the premises at which the machinery is installed. The Hirer shall not be entitled to remove the said machinery from the premises where the machinery is installed unless it has obtained the consent of the Owner in writing. 2. Rent  The Hirer shall pay to the Owner by way of rent for the hire of the said machinery the sum of Rs. _________ per month in advance by the ___th day of each month, the first payment being due on ______________________. In addition, the Hirer shall also pay to the Owner a fee of Rs. ___________ per month for the use and possession of the premises where the said machinery is installed and the same shall be paid along with the monthly rent for the machinery. 3. Hirer to keep the Machinery in good conditions  The Hirer shall, at his own expense, keep the machinery in good order and condition and shall, on the expiration of the term of this Agreement or its earlier termination, return the same to the Owner in the same condition in which it was let on hire (reasonable wear and tear excepted), and in case of any loss or damage to the machinery due to any reason, whatsoever, it shall be made good by the Hirer at his own expense.  4. Hirer to keep the Machinery insured  The Hirer shall, to the satisfaction of, and in the name of the Owner, keep the machinery insured against any damage or loss by fire or theft in the sum of Rs._______ with an insurance company and shall punctually pay all premium in respect thereof and produce, on demand, to the Owner, the receipt for all such premium payable in respect of such insurance.  5. Claims from Insurance Company  In case, the machinery or any part thereof is destroyed by fire or lost by theft or got damaged due to any other reason, all moneys received from the insurance company as insurance claim shall be paid forthwith to the Owner who may apply such moneys either in making good the damage done or in replacing the machinery or such part by other articles of similar description and value and such substituted articles shall become subject to the provisions of this Agreement in the same manner as the articles for which they are substituted.  6. Inspection of the Machinery by the Owner  The Owner or his representatives shall be entitled, at all reasonable times, to inspect the machinery, its state and condition and the Hirer shall furnish to him or them such information as he or they may require in respect of the state and conditions of the machinery. 7.  Termination of Agreement  If the Hirer commits the breach of any terms and conditions of this Agreement, the Owner shall be entitled to terminate this Agreement by giving ________ months notice to the Hirer and on such termination, he shall be entitled to retake possession of the machinery. The Hirer shall, however, remain liable for the payment of any money due to the Owner prior to the termination of this Agreement. The Hirer shall also be entitled to terminate this Agreement by giving to the Owner a notice of ___________ months and on making the payment of any money due to the Owner at the time of termination of this Agreement.  8.  Arbitration Clause  Every dispute, difference, or question which may, at any time, arise between the parties hereto or any person claiming under them, in respect of any clause of the Agreement or the subject-matter thereof, shall be referred to the arbitration of ___________ (name of the arbitrator) or, if he shall be unable or unwilling to act, to another arbitrator to be agreed upon between the parties or failing Agreement, to three arbitrators one to be appointed by each party to the dispute or difference and the two appointed arbitrators shall appoint the third arbitrator who shall act as the presiding arbitrator and the decision of the arbitrator (or, arbitrators) shall be final and binding on the parties. Subject as aforesaid the Arbitration and Conciliation Act, 1996 and the rules made there under shall apply to the arbitration proceedings under this clause. The award of the arbitrator or arbitrators appointed as above shall be conclusive and binding on the parties.  IN WITNESS WHERE OF, the parties hereto have signed this Agreement on the day and year first here-in-above written.    For and behalf of the Company   Authorised Representative  For and behalf of the Firm   Partner Witness: 1. 2. Note: This Agreement is a simple hire agreement and it does not contemplate hire purchase transaction.

HIRE OF AIR CONDITIONER  THIS AGREEMENT made on this _______ day of __________ between  ____________________________ M/s ________________________________________, a Partnership firm having its principal office at _________________________________________________ hereinafter referred to as "the Owner" (which expression shall unless repugnant to the context or meaning thereof include the partners for the time being or any change thereof, their heirs, executors, administrators, legal representatives and assigns) of the one part.  AND Sh.______________________________________,  S/o _______________________________________,  r/o ___________________________________________________________________ hereinafter referred to as "the Hirer" (which expression shall unless repugnant to the context or meaning thereof include his heirs, executors, administrators, legal representatives and assigns) of the other part. WHEREAS 1. The Owner is engaged in the business of trading and hiring of various brands of air conditioners. 2. The Hirer has approached the Owner to take on hire an air-conditioner of the brand _____________, model no. ________________________ and the Owner has agreed to let on hire an air-conditioner of the said brand (hereinafter referred to as the said air-conditioner) on the terms and conditions hereinafter appearing.  NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:  1. Hire of Air conditioner  The Owner shall let on hire the said air-conditioner to the Hirer for a period of _________ months from the date of this Agreement on a monthly rent of Rs._________ and the same shall be immediately installed, to the satisfaction of Hirer, at the house of the Hirer by the Owner at his own expense. 2. Rent  The Hirer shall pay the monthly rent as aforesaid in advance by the ___ th day of each month, the first payment being due on ___________. Such payment shall be made by the Hirer at the office of the Owner or at such other place or places as the Owner may direct. If, however, the air conditioner, is not  found suitable by the Hirer, he may return it within the first week of hiring and in that case, he shall be liable to pay a nominal hire of Rs. __________ only. 3. Hirer not to sell, let out Air conditioner  The Hirer shall not, during the term of this Agreement, sell, assign, pledge or let out the air-conditioner on hire to any other person nor shall remove the same from the place where it has been installed by the Owner unless it has obtained the consent in writing of the Owner to this effect. 4. Hirer to keep the Air conditioner in good conditions  If any technical defect is found by the Hirer in the said air-conditioner during the period of this Agreement, he shall immediately report the same to the Owner and the Owner will get the air-conditioner repaired or get it replaced by another air-conditioner of the same brand and model. Save as aforesaid, the Hirer shall keep the air-conditioner in good order and condition and shall, on the expiration of the term of this Agreement or its earlier termination, return the same to the Owner in the same condition in which it was let on hire (reasonable wear and tear excepted), and in case of any loss or damage to the air conditioner due to any reason, whatsoever, it shall be made good by the Hirer at his own expense.  5. Right of Inspection  The Owner or his representatives shall be entitled, at all reasonable times, to inspect the air conditioner, its state and condition and the Hirer shall furnish to him or them such information as he or they may require in respect of the state and conditions of the air conditioner. 6.  Termination of the Agreement  If the Hirer commits the breach of any terms and conditions of this Agreement, the Owner shall be entitled to terminate this Agreement by giving ________ notice to the Hirer and on such termination, he shall be entitled to retake possession of the air conditioner. The Hirer shall, however, remain liable for the payment of any money due to the Owner prior to the termination of this Agreement. The Hirer shall also be entitled to terminate this Agreement by giving to the Owner a notice of ___________ months and on making the payment of any money due to the Owner at the time of termination of this Agreement.  7. Owners right not to be affected  Any relaxation or indulgence granted by the Owner to the Hirer shall not, in any way, affect the strict rights of the Owner under this Agreement.  IN WITNESS WHERE OF, the parties hereto have signed this Agreement on the day and year first here- in-above written.  For and behalf of the Firm Partner    Hirer  Witness:  1.  2.  Note: This Agreement is a simple hire agreement and it does not contemplate hire purchase transaction.    Download Word Document In English. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

HIRE PURCHASE AGREEMENT FOR A T.V. SET THIS AGREEMENT made on this day of. BETWEEN AB, etc. (hereinafter called the owner) of the one part and CD, etc., (hereinafter called the hirer) of the second part and EF, etc., (hereinafter called the guarantor) of the third part. 1. The hirer has agreed to take on hire a T.V. set of make No..; 2. The owner has agreed to give on hire the said T.V. set to the hirer under the terms and conditions hereinafter appearing ; and 3. In condition of the owner having delivered the said TV set to the hirer on the assurance of the said guarantor in accordance with the terms mentioned below : NOW THIS AGREEMENT between the aforesaid parties WITNESSES as follows : 1. That the hirer has paid a sum of Rs. as the first installment of the hire for the month commencing with. in advance of the date of this agreement (the receipt whereof the owner hereby acknowledges). The hirer shall hereafter pay a sum of Rs. per month in advance continuously and punctually on the ..day of. to the owner for the use of the said T.V. set at..(particulars of the house). 2. That in case the hirer pays to the owners punctually.. installments as aforementioned, i.e., has paid a sum of Rs. in all as hire as above-mentioned till the date of it shall be at the option of the hirer to become the owner of the said T.V. set on payment of Re. 1 to the owner in which event the hirer become the absolute owner of the said T.V. set. But until the actual payment of the total sum of Rs..paid monthly as hire and until the payment of Re.1 for option to purchase, the property in the T.V. set shall remain in the owner and the hirer shall be deemed to be merely a bailee thereof without any right to part with possession of the said T.V. set to be used or kept in custody by any other person. I shall, however, be open to the said hirer to pay the sum of Rs. including the sums already paid as hire by him as aforesaid before the final payment of the last hire installment as aforementioned and on payment of the said balance along with Re.1 for option to purchase the same the hirer shall become along the owner of the said T.V. set. In case the hirer shall desire to terminate this hirer agreement prior to the payment of the installments of hire as aforementioned, hirer shall be bound to pay at least the sum of Rs..(50 per cent of the price) to cover the depreciation and the fall in price of the T.V. set. The owner shall be entitled to terminate this agreement in the event of the hirer making default in the punctual payment of the hire installment as agreed to above. In that event, the owner shall be entitled to seize the said T.V. set and take possession of it and the hirer shall give access to the owner for such purpose and the owner shall not be liable to the hirer for such action in any manner whatsoever. The owner in such an event shall be entitled to recover from the hirer all the hire installments in arrear and in case such installments be less than 50 per cent of the original price (viz. Rs) he shall be entitled to recover the balance that accrues after taking into account the previous hire installments paid to the extent to which the said payments do not equal the 50 per cent. Of the said price of the T.V. set. 3. That in case the T.V. set is destroyed or injured in any manner while in custody of the hirer, the hirer shall be bound to get the said T.V. set repaired immediately and in the event of the non-repair the owners will be entitled to seize the said T.V. set and get it repaired and realize the said repairs besides his dues as aforementioned. 4. That the hire shall be bound to pay all public charges and licence fees until he becomes the owner of the said T.V. set as aforementioned and in default whereof, the hirer shall be liable for any damages to the owner. The hirer shall not be entitled to remove the said T.V. set from the aforementioned premises except with the consent in writing of the owner. 5. That in consideration of the owner having delivered the said T.V. set to the hirer on the terms as aforementioned the guarantor has agreed with the owner to guarantee the punctual and continuous payments of the hire installments as aforementioned until either the hire agreement is terminated by the hirer or until all the hire installments as aforementioned have been paid to the owner. The guarantor shall also be liable to the owner for any damages caused to the said T.V. set in any manner whatsoever whilst in custody of the hirer or until it is delivered in good condition to the owner in accordance with or pursuant to the terms of this agreement or until it is seized by the owner in the events aforementioned. The guarantor, his heirs and successors shall be liable to be truly bound by the terms of this agreement. IN WITNESS WHEREOF, the parties hereto have signed this hire agreement with the option of purchase as mentioned above. EF AB .. (Guarantor) (Owner) CD ( Hirer) Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-)

NOTICE OF ASSIGNMENT TO HIRER -BY ASSIGNEE To …………..………….. …………..………….. …………..…………..   I, …………..of …………..hereby give you notice that by a Deed of Assignment dated…………..Shri ...............son of…………..resident of………….. described as owner in the hire-purchase agreement dated ....................and made between the said owner and yourself as hirer, has assigned all the benefits, interests, advantages and rights together with all the money now payable or hereafter to become payable under the said agreement and all rights and remedies for  enforcing the said agreement to me for valuable consideration.   2. I, therefore, require you to pay all moneys payable or hereafter to become payable by you under the said agreement to the said Assignor to me at my office at…………..instead of paying the same to the said Assignor   3. Please acknowledge receipt.   Dated this…………..day of…………..20………….. …………..………….. Assignor   Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)