law: Hire-Purchase Act, 1972
  12. Assignment and transmission of hirer's
  
  right or interest under hire- purchase agreement.-
  (1) The hirer may assign his right, title and
  
  interest under the hire-purchase agreement with the consent of the owner, or if
  
  his consent is unreasonably withheld, without his consent.
  Except as otherwise provided in this section,
  
  no payment or other consideration shall be required by an owner for his consent
  
  to an assignment under sub-section (1), and where an owner requires any such
  
  payment or other consideration for his consent, that consent shall be deemed to
  
  be unreasonably withheld.
  Where on a request being made by a hirer in
  
  this behalf the owner fails or refuses to give his consent to an assignment
  
  under sub-section (1) the hirer may apply to the court for an order declaring
  
  that the consent of the owner to the assignment has been unreasonably withheld,
  
  and where such an order is made the consent shall be deemed to be unreasonably
  
  withheld.
  Explanation.- In this sub-section,
  
  "court" means a court which would have jurisdiction to entertain a
  
  suit for the relief claimed in the application.
  (4) As a condition of granting such consent, the
  
  owner may stipulate that all defaults under the hire-purchase agreement shall
  
  be made good and may require the hirer and the assignee to execute and deliver
  
  to the owner an assignment agreement, in a form approved by the owner, whereby,
  
  without affecting the continuing personal liability of the hirer in such
  
  respects, the assignee agrees with the owner to be personally liable to pay the
  
  installments of hire remaining unpaid and to perform and observe all other
  
  stipulations and conditions of the hire-purchase agreement during the residue
  
  of the term thereof and whereby the assignee indemnifies the hirer in respect
  
  of such liabilities.
  (5)The right, title and interest of a hirer
  
  under a hire-purchase agreement shall be capable of passing by operation of law
  
  to the legal representative of he hirer but nothing in this sub-section shall
  
  relieve the legal representative from compliance with the provisions of the
  
  hire-purchase agreement.
  Explanation.- In this sub-section,
  
  the expression, "legal representative" has the same meaning as in
  
  clause (11) of section 2 of the Code of Civil Procedure, 1908 (5 of 1908).
  The provision of this section shall apply
  
  notwithstanding anything to the contrary contained in the hire-purchase
  
  agreement.