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Mutual Fund

Latest Judgments

Total 172 Consumer Court Cases Against Mutual Fund.

Gujarat

LIC Mutual Fund Asset Managment Limited V/S Dr. Bimal Anatrai Vasani

Lic   Mutual Fund  

Court Name: Rajkot Addl

Appelant Advocate S R Upadhyay

Respondant Advocate

Case Number: 792

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Date of Filing: 14-08-2024

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Date of Upload: 14-10-2024

West Bengal

Branch Manager, UTI Mutual Fund V/S Sandhya Sil, W/O- Anil Kumar Sil

Mutual Fund   Uti Mutual Fund  

Court Name: North 24 Parganas

Appelant Advocate Arup Kushari

Respondant Advocate

DCDRC North 24 Paraganas BarasatKolkata-700126.Complaint Case No. CC/305/2022( Date of Filing : 23 Sep 2022 )1. Sandhya Sil, W/O- Anil Kumar SilNo. 2, Deshbandhu Nagar, Panihati, PO- Panihati, PS- Khardah, PIN- 700110...........Complainant(s)Versus1. Branch Manager, UTI Mutual Fu...

Case Number: 305

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Date of Filing: 23-09-2022

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Date of Upload: 09-09-2024

Tamil Nadu

THE GENERAL MANAGER, UTI MUTUAL FUND V/S S. CHELLAMUTHU

Mutual Fund   Uti Mutual Fund  

Court Name: Salem

Appelant Advocate S. RAJARAM

Respondant Advocate In person - OPs 1&2

Case Number: 61

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Date of Filing: 01-12-2023

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Date of Upload: 20-06-2024

Punjab

SBI Mutual Fund V/S Taranjit Singh

Sbi   Mutual Fund  

Court Name: Hoshiarpur

Appelant Advocate Sh. A.K. Gupta

Respondant Advocate

Case Number: 22

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Date of Filing: 04-01-2022

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Date of Upload: 04-06-2024

Rajasthan

KOTAK MAHINDRA OLD MUTUAL FUND V/S RAJENDRA YADAV

Mutual Fund   Kotak Mahindra  

Court Name: Jaipur-I

Appelant Advocate HIMANSHU

Respondant Advocate

Case Number: 942

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Date of Filing: 07-07-2015

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Date of Upload: 08-04-2024

Maharashtra

UTI MUTUAL FUND THROUGH THE MANAGER V/S SMT. SNEHA SADASHIV CHAVAN

Mutual Fund   Uti Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate

Respondant Advocate

Case Number: 17

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Date of Filing: 28-07-2017

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Date of Upload: 12-03-2024

Maharashtra

UTI MUTUAL FUND THROUGH THE MANAGER V/S SMT. SNEHA SADASHIV CHAVAN

Mutual Fund   Uti Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate

Respondant Advocate

...

Case Number: 17

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Date of Filing: 28-07-2017

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Date of Upload: 11-03-2024

Himachal Pradesh

SBI Mutual Fund V/S Yash Pal

Sbi   Mutual Fund  

Court Name: Kangra

Appelant Advocate Sh. Pankaj Jamwal

Respondant Advocate

Case Number: 275

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Date of Filing: 06-10-2023

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Date of Upload: 23-02-2024

Maharashtra

NIPPON INDIA MUTUAL FUND MUMBAI V/S MR HEMANT KUMAR RAMCHARAN SINGH

Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate GEETA SINGH

Respondant Advocate

Case Number: 19

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Date of Filing: 15-01-2019

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Date of Upload: 16-02-2024

Maharashtra

NIPPON INDIA MUTUAL FUND MUMBAI V/S MR HEMANT KUMAR RAMCHARAN SINGH

Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate GEETA SINGH

Respondant Advocate

Case Number: 18

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Date of Filing: 25-10-2018

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Date of Upload: 16-02-2024

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Common FAQ

Question : Am I eligible to file case against Mutual Fund 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 Mutual Fund ?

Answer : A complaint may be made against Mutual Fund 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.