Supreme Court of India
Citicorp. Maruti Finance Ltd. v. S. Vijayalaxmi
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
From the headnote
HIRE PURCHASE AGREEMENT: Recovery process - Forcible Possession of vehicles - Held: Even in case of mortgaged goods subject to Hire-Purchase Agreements, recovery process has to be in accordance with law - Till the time the ownership is not transferred to the purchaser, the hirer normally continues to be the owner of the goods, but that does o not entitle him on the strength of the agreement to take back possession of the vehicle by use of force - The guidelines laid down by the Reserve Bank of India support and make a virtue of such conduct - If any action is taken for recovery in violation…
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