Format pack, 3 formats · FV07-J10

Hire Purchase and Equipment Lease

A bailment dressed as a sale, governed by an Act that was passed in 1972 and never brought into force, in which the financier owns the asset until the last instalment and loses the case the moment he takes it back by force.

Length
11 pages
Blanks to fill
161
Files
Word and PDF
Law stated to
14 September 2026

The 3 formats inside

  1. 1Hire purchase agreementFinancier and hirer · Contract Act 1872 bailment, with an option to purchase73 blanksOn its own₹149
  2. 2Equipment lease agreementLessor and lessee · movable plant and equipment, no transfer of title55 blanksOn its own₹149
  3. 3Notice of termination of hiring and demand for possessionFrom the financier to the hirer, after expiry of the cure period40 blanksOn its own₹149

Read the opening

The first part of “Hire purchase agreement”, as it downloads. Blanks are highlighted.

[On an e-stamp certificate of the value chargeable under the applicable Article of the State schedule, in the name of the Hirer]

HIRE PURCHASE AGREEMENT

THIS HIRE PURCHASE AGREEMENT is made at [Place where the agreement is made] on this [Day of the month the agreement is made] day of [Month and year the agreement is made]

Between

[Name of the financier], a company incorporated under the Companies Act [1956 / 2013], bearing Corporate Identity Number [CIN], registered with the Reserve Bank of India as a non-banking financial company under certificate of registration number [Owner's RBI certificate of registration number] dated [Date of the Owner's RBI certificate of registration], having its registered office at [Owner's registered office address], hereinafter called the “Owner” (which expression shall include its successors and assigns), of the One Part;

And

34 more paragraphs and tables follow in the full format.

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