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Section 636
The owner can terminate the contract:

(1) If the lessee fails to pay more than one installment of the hire purchase price due under the hire purchase agreement, the owner may terminate the hire purchase agreement at any time by giving the following prior notice to such person:-
(a) of one week if installments are to be paid at intervals of one week or less,
(b) Fifteen days in other cases except as mentioned in clause (a).
(2) Notwithstanding anything written in sub-section (1), if the lessee pays the installment amount to be paid to the owner of the property up to that period, and if interest is charged thereon in accordance with the hire purchase agreement, without the expiration of the period for which the lessee is required to give prior notice in accordance with that sub-section, The Hire Purchase Agreement cannot be terminated.
(3) If the lessee does not comply with the terms of the hire purchase agreement or section 629 or 635, the relevant property owner may terminate the hire purchase agreement by giving at least fifteen days' notice.
(4) Upon termination of the contract in accordance with sub-section (1) or (3), the owner may exercise the following rights in relation to the leased goods:-
(a) To take back such thing where and in such condition as it is and if it cannot be so taken back, to confiscate it,
(b) Informing the lessee to recover the excess amount from the amount already paid for such item and to retain the amount he can receive as rent,
(c) To confiscate the deposit if any deposit is taken from the lessee while leasing the goods,
(d) to enter the house where the goods are, with the help of the police, in order to confiscate the rented goods,
(e) Claiming compensation from the amount paid for the loss or damage of the goods due to non-delivery of the rented goods on time or non-compliance with the terms of the contract or section 629 or 635.
(5) Notwithstanding anything contained elsewhere in this section, the lessee, surety or investor shall pay at least the basic value of the leased goods.If it has been withdrawn, the owner of the goods cannot terminate the hire purchase agreement according to this section. Explanation: For the purposes of this section, "basic price" means three-quarters of the hire purchase price up to fifty thousand rupees and at least half of such price.
(6) If the owner of the goods terminates the hire purchase agreement contrary to sub-section (5), the lessee or the guarantor shall be released from all obligations to be fulfilled according to the hire purchase agreement and he shall get back the entire amount paid for the leased goods. He has to return the rented item to the owner.
(7) Notwithstanding anything written in sub-section (5), failure to terminate the contract shall not be deemed to in any way impede the right of the lessee to claim the hire purchase price amount due from the hirer under the hire purchase contract.
(8) Notwithstanding anything written elsewhere in this section, the hire purchase agreement with the person who does not provide the details as per section 635 can be terminated by the owner of such item and if there is any kind of loss or damage to such item, he can also claim such loss or damage.