SHRIRAM TRANSPORT FINANCE CO. LTD. – Appellant
Versus
R. KHAISHIULLA KHAN – Respondent
Based on the provided legal document, here are the key points regarding the interim custody of a motor vehicle under a hire-purchase agreement:
( 1 ) IN both these petitions under S. 482 of the Criminal P. C. the common question is when there is a hire-purchase agreement in respect of a motor vehicle, and when the motor vehicle is seized by the financier in enforcement of the clause in the agreement giving right to the financier to seize the vehicle and on the complaint being filed by the hirer alleging theft of the same and the motor vehicle having been seized by the Police and produced before a criminal Court whether it is the financier or the hirer who is entitled to the interim custody of the vehicle under Sec. 451, Cr. P. C.
( 2 ) CR. P. No. 110/92 arises out of the order of the Xth Additional Chief Metropolitan Magistrate, Bangalore City in P. C. R. 157/91 and Cr. No. 563/91. The complainant-respondent-1 ('respondent' hereafter) entered into hire-purchase agreement with the petitioner Shriram Transport Finance Company Limited ('financier' hereafter) in respect of goods vehicle No. CAM 8786 and the petitioner advanced Rs. 2,00,000/- with a stipulation that the same shall be repaid in 42 instalments. The agreement is dated 14-6-1990. The respondent came in possession of the vehicle and in the Registration
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