Hire-purchase
Hire-purchase legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Difference.
Essential term of contract-Hirer's right to terminate contract at pleasure and not being bound to pay value of goods-Contract giving hirer "right to keep and use" certain apparatus "till payment of full value of price settled", subject to other conditions of contract-Conferment of such "right" on hirer, held, "highly unusual"-Contract, held, not one of hire-purchase Sale of Goods Act (III of 1930), S. 20 -Property in goods passing to vendee upon sale though payment of price postponed-Principle applied to contract having terms retaining ownership in vendor.
Main feature of transaction-Option of hirer to terminate contract and return article.
"Hire-purchase", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/21185
Precedents & Case Laws citing "Hire-purchase"
1988 P T D (Trib
N/A
Court: Income-tax Appellate Tribunal Pakistan1996 PTD (Trib
N/A
Court: Income-tax Appellate Tribunal Pakistan1986 M L D 1306
Messrs SINGER SEWING MACHINE CO. — Petitioner Versus ABDULLAH JAN Respondent
Court: Karachi1998 P T D 3713
MOTOR AND GENERAL SALES (P.) LTD. Versus COMMISSIONER OF INCOME-TAX
Court: 226 I T R 137P L D 1961 Supreme Court 321
SHEWRAM DAS AGARWALA‑Appellant Versus AROBINDA PODDER‑‑Respondent
Court: High Court2001 P T D 3408
MADRAS AUTO RICKSHAW DRIVERS' COOPERATIVE SOCIETY Versus COMMISSIONER OF INCOME-TAX
Court: 249 I T R 330P L D 1964 Dacca 410
ABDUL RAHMAN‑Appellant Versus ROQUEA KADIR AND OTHERS‑Respondents
Court:2013 P T D (Trib
Messrs ABDUL RASHEED, Prop. Modern Steel House, Layya Versus C.I.R., R.T.O., MULTAN
Court: Inland Revenue Appellate Tribunal of Pakistan2005 M L D 466
HIRA FAROOQ and another‑‑‑Petitioners Versus PAKISTAN INTERNATIONAL AIRLINE through Managing Director, Office at PIA Head Office Quaid‑e‑Azam International Airport Karachi and 2 others‑‑‑Respondents
Court: Karachi2000 P T D 1031
COMMISSIONER OF INCOME-TAX Versus NAGPUR GOLDEN TRANSPORT CO.
Court: 233 I T R 389