Question 2 Zainal bought an MPV (multiple-purpose vehicle) under a hire purchase agreement with RM Bank Ltd. He defaulted in his monthly instalments for the
Question 2 Zainal bought an MPV (multiple-purpose vehicle) under a hire purchase agreement with RM Bank Ltd. He defaulted in his monthly instalments for the last two (2) months. Discuss the legal rights of RM Bank Ltd. to repossess the MPV from Zainal and explain the rights legally available to Zainal in the event the car is repossessed. Support your answer with relevant statutory provisions and/or case laws. (25 marks)
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