Section 621
Contract Of Lease May Be Terminated
(1) The lessor may
terminate the contract of lease in any of the following
circumstances:
(a) Except as otherwise permitted by the lessor, if the
lessee fails to pay the lease amount until ninety days
after the due date for the payment of the lease rent
has expired,
(b) If the lessee possesses or uses the leased goods taken
contrary to Section 612,
(c) If the lessee fails to give information to the lessor or
keep him or her informed about the matters referred
to in sub-section (1) of Section 614,
(d) If the lessee fails to restore the leased goods into their
original condition having regard to the nature of the
goods pursuant to sub-section (2) of Section 615,
(e) If the goods leased are sub-leased without the prior
consent of the lessor.
(2) The lessee may terminate the contract of lease in any
of following circumstances:
(a) If the leased goods cannot be possessed or used for the
purpose or object for which the goods have been
leased,
(b) If the lessor fails to reimburse the repair and
maintenance costs or make its adjustment to the lease
rent pursuant to sub-section (3) of Section 613,
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(c) If the lessor does not reduce or agree to reduce the
lease rent amount pursuant to sub-section (3) of Section
614 or sub-section (4) of Section 615.