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Magma Finance

Latest Judgments

Total 238 Consumer Court Cases Against Magma Finance.

Punjab

Magma Finance Corp.Ltd. V/S Ramesh Kumar

Finance   Finance   Magma Finance  

Court Name: Patiala

Appelant Advocate Sh T M Syal

Respondant Advocate Sh.Vikas mittal

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM,PATIALA. Complaint No. CC/76/2015 of 15.4.2015 Decided on: 3.9.2015Ramesh Kumar s/o Sh.Amar Singh resident of Village Theh Newal Tehsil Guhla District Kaithal through his Authorize Representative Sh.Lachman Singh S/o Sh.Surja Ram Residen...

Case Number: 15

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Date of Filing: 15-04-2015

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Date of Upload: 10-09-2015

Orissa

Managing Director Magma Finance Corp Ltd V/S Krushna Ch.Nayak

Finance   Magma Finance  

Court Name: Jajapur

Appelant Advocate Golakha Chandra Parida

Respondant Advocate Ld.Adv

IN THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JAJPUR. Present: 1.Shri Biraja Prasad Kar, President, 2.Sri Pitabas Mohanty, Member, 3.Miss Smita Ray, Lady Member. Dated the 25th day of August,2015. C.C.Case No.34 of 2014Krushna ch.Nayak ,S/O Late Jagabandhu NayakAt/P.O. S...

Case Number: 34

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Date of Filing: 19-04-2014

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Date of Upload: 03-09-2015

Madhya Pradesh

MAGMA FINANCE COMPANY LIMITED V/S AARIF KHAN

Finance   Magma Finance  

Court Name: Chhindwara

Appelant Advocate KAMLESH ILATKER

Respondant Advocate AVDESH SHRIVASTAB

Case Number: 15

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Date of Filing: 07-05-2015

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Date of Upload: 03-09-2016

Haryana

Collection Head, magma Finance Limited V/S Puran Chand S/o Balak Ram

Finance   Finance   Magma Finance  

Court Name: Karnal

Appelant Advocate Sh. Mukesh Sharma

Respondant Advocate Vineet Rathor

BEFORE THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM KARNAL. Complaint No.133 of 2012 Date of instt. 1.03.2012 Date of decision: 27.08.2015Puran Chand son of Sh.Balak Ram resident of village Bandrana tehsil and district Kaithal. ……….Complainant. VersusColl...

Case Number: 133

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Date of Filing: 02-03-2012

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Date of Upload: 04-09-2015

Himachal Pradesh

Magma Finance Corp. V/S Gopal

Finance   Magma Finance  

Court Name: Kangra

Appelant Advocate

Respondant Advocate

Case Number: 67

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Date of Filing: 09-10-2014

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Date of Upload: 22-07-2015

Orissa

BM Magma Finance Co Ltd, V/S Nikan Ali,S/O-Niamul Ali

Finance   Magma Finance  

Court Name: Jharsuguda

Appelant Advocate Abdul Zalil

Respondant Advocate A.K.Sahoo

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JHARSUGUDACONSUMER COMPLAINT CASE NO. 58 OF 2014Nikan Ali (50 Yrs.),S/O- Late Niamul Ali @ Niamal Husen,R/O: Gumadera, PO/PS: Belpahar,Dist: Jharsuguda, Odisha………………………&hell...

Case Number: 58

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Date of Filing: 25-08-2014

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Date of Upload: 26-12-2017

Orissa

B.M Magma Finance Ltd Jharsuguda, V/S Sudhir ku Singh S/O- Late Gouri Sankar Singh

Finance   Finance   Magma Finance  

Court Name: Jharsuguda

Appelant Advocate B.N Dtta

Respondant Advocate A.K Sahoo

The case is fixed for further hearing today. The complainant so also the O.P are present and files individual petitions along with a memo petition on the grounds that both the complainant and Opposite parties are amicably settled the matter outside the court premises and the comp...

Case Number: 41

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Date of Filing: 01-08-2014

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Date of Upload: 26-12-2017

Orissa

Magma Finance Limited V/S Pravash Kumar Jena

Finance   Magma Finance  

Court Name: Jajapur

Appelant Advocate D.R.Behera

Respondant Advocate Ld.Adv

IN THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JAJPUR. Present: 1.Sri Pitabas Mohanty, Presiding Member, 2.Miss Smita Ray, Lady Member. Dated the 28th day of May,2015. C.C.Case No.62 of 2014Pravash kumar Jena S/O Late Kandury ch.JenaAt/P.O. Kolanagiri (Nankar)...

Case Number: 62

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Date of Filing: 26-08-2014

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Date of Upload: 02-06-2015

Uttar Pradesh

MAGMA FINANCE V/S Alok Singh

Finance   Finance   Magma Finance  

Court Name: Kanpur Nagar

Appelant Advocate

Respondant Advocate

Case Number: 59

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Date of Filing: 29-05-2014

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Date of Upload: 18-06-2022

Orissa

BM Magma Finance Co Ltd, V/S SMT- Puspa Panday W/O-Debendra Panday

Finance   Finance   Magma Finance  

Court Name: Jharsuguda

Appelant Advocate P.R.M.Rao

Respondant Advocate A.K.Sahoo

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JHARSUGUDACONSUMER COMPLAINT CASE NO. 57 OF 2014Puspa Pandey (40 Yrs.),W/O- Debendra Pandey,RO: Budhijam, VRO Camp,PO/PS: Orient Colliery, Via- Brajrajnagar,Dist: Jharsuguda,Odisha…………………...

Case Number: 57

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Date of Filing: 23-08-2014

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Date of Upload: 26-12-2017

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Common FAQ

Question : Am I eligible to file case against Magma Finance in Consumer Forum?

Answer : If you have purchased a product or avails any service, either for your personal use or to earn your livelihood by means of self-employment.

Question : When I can fill a complaint against Magma Finance ?

Answer : A complaint may be made against Magma Finance under the following circumstances:
1 : Loss or damage is caused to the consumer due to unfair or restrictive trade practice.
2 : the article purchased by you is defective.
3 : the services availed of by you suffer from any deficiency.
4 : charged more then MRP
5 : Goods or services, which will be hazardous to life and safety, when used, are being offered for sale to the public.

Question : Is there any exemption from payment of Court Fee?

Answer : The complainants who are Below the Poverty Line shall be entitled for the exemption of payment of fee for complaints upto rupees one lakh on production of an attested copy of the Antyodaya Anna Yojana card.

Question : What are the Reliefs available to Consumers?

Answer : The reliefs available are :
1 : Removal of defects from the goods
2 : Replacement of the goods
3 : Refund of the price paid.
4 : Removal of defects or deficiencies in the services
5 : Award of compensation for the loss or injury suffered;
6 : Discontinue and not to repeat unfair trade practice or restrictive trade practice;
7 : To withdraw hazardous goods from being offered for sale;
8 : To cease manufacture of hazardous goods and desist from offering services which are hazardous in nature;
9 : If the loss or injury has been suffered by a large number of consumers who are not identifiable conveniently, to pay such sum (not less than 5% of the value of such defective goods or services provided) which shall be determined by the forum;
10 : To issue corrective advertisement to neutralize the effect of misleading advertisement;
11 : To provide adequate costs to parties.