finance ltd

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MARUTHI CAR PURCHASED ON LOAN AND RENEWAL OF LOAN AGAIN – NOT COMES UNDER CONSUMER ACT=Adjustment of the loan by the Bank to which the Petitioner had aggrieved, is also beyond the purview of the Consumer Protection Act, 1986 as the same (even it is presuming but not holding to be wrongfully done) cannot be agitated under the Consumer Protection Act as the same is money suit simplicitor between the parties. Under these circumstances, adjustment of amount due against the previous loan would not amount to deficiency in rendering any service

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION NEW DELHI     REVISION PETITION No. 4155 of  2007 (From the Order dated 31.10.2007 in Appeal No. 322/07  of the State Consumer Disputes Redressal Commission, UT, Chandigarh)     Ram Saran Malhotra R/o House No. 3261/1, Sector-41-D, Chandigarh                                                         …  Petitioner   VERSUS   1.      Sales Director, Citicorp Maruti Finance Ltd. Anna Salai Post Office, … Continue reading

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