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Union of India - Section

Section 3 in The Hire-Purchase Act, 1972

3. Hire-purchase agreements to be in writing and signed by parties thereto .(1) Every hire-purchase agreement shall be

(a)in writing, and(b)signed by all the parties thereto.
(2)a hire-purchase agreement shall be void if in respect thereof any of the requirements specified in sub-section (1) has not been complied with.
(3)Where there is a contract of guarantee, the hire-purchase agreement shall be signed by the surety also, and if the hire-purchase agreement is not so signed, the hire-purchase agreement shall be voidable at the option of the owner.