Discuss the legal position of the bank kaya berthed


Problem: Ali bought a new car toyoyo welter under a hire-purchase agreement with bank kaya berhad. The agreement provided for 108 monthly installments. However, after one year, ali defaulted on his monthly installments for three consecutive months. As result bank kaya berhad wants to repossess the car.

Discuss the legal position of the bank kaya berthed.

Support your answer with the relevant provisions under the hire-purchase act 1967 and case laws

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Business Law and Ethics: Discuss the legal position of the bank kaya berthed
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