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Mutual Fund

Latest Judgments

Total 172 Consumer Court Cases Against Mutual Fund.

Orissa

The Branch Manager, UTI Mutual Fund V/S Sarat Chandra Acharya (Advovate)

Mutual Fund   Uti Mutual Fund  

Court Name: Koraput

Appelant Advocate Sri N. C. Mohanty

Respondant Advocate None

DISTRICT CONSUMER DISPUTE REDRESSAL FORUM ,KORAPUT AT JEYPORE-764004Complaint Case No. CC/46/2018( Date of Filing : 20 Apr 2018 )1. Sarat Chandra Acharya (Advovate)KoraputKoraputOdisha...........Complainant(s)Versus1. The Branch Manager, UTI Mutual FundDharma Nagar, BerhampurGanj...

Case Number: 46

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Date of Filing: 20-04-2018

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Date of Upload: 29-06-2022

Gujarat

RELIANCE MUTUAL FUND V/S HEMANTKUMAR C PATEL

Reliance   Mutual Fund  

Court Name: StateCommission

Appelant Advocate M K DUDHIYA

Respondant Advocate V P NANAVATY

Case Number: 17

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Date of Filing: 25-01-2017

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Date of Upload: 17-08-2021

Uttar Pradesh

Sahara Mutual Fund V/S Jai Kishan

Mutual Fund  

Court Name: StateCommission

Appelant Advocate V.P. Sharma

Respondant Advocate

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010Review Application No. RA/22/2021( Date of Filing : 22 Mar 2021 )InFirst Appeal No. A/2000/23521. Jai KishanLucknow...........Appellant(s)Versus1. Sahara Mutual Fund...

Case Number: 22

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Date of Filing: 22-03-2021

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Date of Upload: 04-08-2021

Uttar Pradesh

Sahara Mutual Fund V/S Jai Kishan

Mutual Fund  

Court Name: StateCommission

Appelant Advocate V P Sharma

Respondant Advocate Pradeep Kumar, Shri. Sali Tripathi

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010First Appeal No. A/2000/2352( Date of Filing : 04 May 2000 )(Arisen out of Order Dated in Case No. of District State Commission)1. Jai Kishana...........Appellant(s)...

Case Number: 2000

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Date of Filing: 04-05-2000

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Date of Upload: 24-02-2021

Madhya Pradesh

PRAHLAD R.AGRAWAL V/S UTI MUTUAL FUND

Mutual Fund   Uti Mutual Fund  

Court Name: StateCommission

Appelant Advocate

Respondant Advocate

Case Number: 2656

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Date of Filing: 01-07-2014

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Date of Upload: 12-02-2021

Madhya Pradesh

Axis Mutual Fund V/S Dr Purshottam Nema

Mutual Fund  

Court Name: Jabalpur-II

Appelant Advocate Arun Jain

Respondant Advocate

Case Number: 578

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Date of Filing: 16-10-2018

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Date of Upload: 09-10-2020

Madhya Pradesh

DR.PURSHOTTAM NAMA V/S AXIS MUTUAL FUND

Mutual Fund  

Court Name: StateCommission

Appelant Advocate

Respondant Advocate

M. P. STATE CONSUMER DISPUTES REDRESSAL COMMISSION, BHOPALPLOT NO.76, ARERA HILLS, BHOPAL REVISION PETITION NO. 166 OF 2019(Arising out of order dated 20.08.2019 passed in C.C.No.578/2018 by the District Forum, Jabalpur)AXIS MUTUAL FUNDTHROUGH AUTHORISED OFFICER,AXIS ASSET MANAGE...

Case Number: 19

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Date of Filing: 29-11-2019

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Date of Upload: 03-09-2020

Maharashtra

Case Number: 0

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Date of Filing: 16-11-2019

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Date of Upload: 20-10-2020

Karnataka

The Manager, SBI Gold Growth Mutual Fund Company, V/S Edwin Dass,

Sbi   Sbi   Mutual Fund  

Court Name: Bangalore 4th Additional

Appelant Advocate

Respondant Advocate

ORDERSMT.PRATHIBHA. R.K., PRESIDENT This complaint is filed by the complainant against the Opposite party (herein after called as OP), under section 12 of the Consumer Protection Act, 1986. The complainant prays to direct the OP to release Rs.1,75,425/- which has deducted from th...

Case Number: 12

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Date of Filing: 04-01-2020

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Date of Upload: 20-03-2020

Gujarat

UTI MUTUAL FUND V/S REKHABEN M PARIKH

Mutual Fund   Uti Mutual Fund  

Court Name: Ahmedabad Addl

Appelant Advocate HEMKALABEN SHAH

Respondant Advocate

Case Number: 18

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Date of Filing: 19-04-2018

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Date of Upload: 25-10-2019

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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.