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Mutual Fund

Latest Judgments

Total 172 Consumer Court Cases Against Mutual Fund.

Gujarat

BIRLA SUN LIFE MUTUAL FUND V/S DEVALBEN SHAILESHBHAI SETH

Mutual Fund  

Court Name: Junagadh

Appelant Advocate D H LATHIGARA

Respondant Advocate M C ZALA

Case Number: 17

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Date of Filing: 26-10-2017

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Date of Upload: 25-06-2018

Uttar Pradesh

U.T.I Mutual Fund & Other V/S Smt. Archana Bansal

Mutual Fund  

Court Name: Meerut

Appelant Advocate

Respondant Advocate

Case Number: 118

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Date of Filing: 08-05-2018

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Date of Upload: 30-06-2018

Uttar Pradesh

U.T.I Mutual Fund & Other V/S Sanjay Bansal S/o late SHri Richpal

Mutual Fund  

Court Name: Meerut

Appelant Advocate

Respondant Advocate

Case Number: 117

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Date of Filing: 08-05-2018

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Date of Upload: 30-06-2018

Uttar Pradesh

R C Pandey V/S Bhawya Mutual Fund & Resources

Mutual Fund  

Court Name: StateCommission

Appelant Advocate B K Upadhayay

Respondant Advocate O P Pandey

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010First Appeal No. A/2003/344( Date of Filing : 11 Feb 2003 )(Arisen out of Order Dated in Case No. of District )1. Bhawya Mutual Fund & ResourcesGorakhpur...........A...

Case Number: 2003

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Date of Filing: 11-02-2003

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Date of Upload: 08-06-2018

Uttar Pradesh

A P Shukla V/S S B I Mutual Fund

Mutual Fund  

Court Name: StateCommission

Appelant Advocate Ajay Kumar Tiwari

Respondant Advocate

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010First Appeal No. A/1998/2145(Arisen out of Order Dated in Case No. of District )1. S B I Mutual Fund SBI Capital Market Ltd, 202, Maker Towers, E, Cuffe Parede, Bomb...

Case Number: 1998

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Date of Filing: 25-08-1998

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Date of Upload: 28-03-2018

Gujarat

UTI MUTUAL FUND V/S REKHABEN M PARIKH

Mutual Fund   Uti Mutual Fund  

Court Name: Ahmedabad Addl

Appelant Advocate SELF

Respondant Advocate

Case Number: 17

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Date of Filing: 14-06-2017

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Date of Upload: 16-12-2017

Uttar Pradesh

Gazala V/S Apace Saving Mutual Fund

Mutual Fund  

Court Name: StateCommission

Appelant Advocate S K Srivastava

Respondant Advocate B K UPADHAY

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010Revision Petition No. R/2001/61(Arisen out of Order Dated in Case No. of District State Commission)1. Apace Saving Mutual Funda...........Appellant(s)Versus1. Gazala...

Case Number: 2001

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Date of Filing: 04-05-2001

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Date of Upload: 21-02-2018

Karnataka

LIC Nomura Mutual Fund V/S Shri Ramesh Vishnu Naik

Mutual Fund   Lic  

Court Name: Uttara Kannda

Appelant Advocate Sri. S.Y.Shejwadkar

Respondant Advocate R.V Bhat

Case Number: 41

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Date of Filing: 02-07-2015

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Date of Upload: 02-07-2020

Madhya Pradesh

Branch Manager, SBI, Mutual Fund V/S Lal Singh S/o Mangilal Waskel

Mutual Fund  

Court Name: Dhar

Appelant Advocate Rahul Patidar

Respondant Advocate

Case Number: 19

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Date of Filing: 08-02-2017

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Date of Upload: 12-09-2017

Gujarat

I.I.F.L Mutual Fund V/S Shri Sanjaybhai Sardulbhai Rathod

Mutual Fund  

Court Name: Rajkot Addl

Appelant Advocate

Respondant Advocate

Case Number: 16

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Date of Filing: 05-12-2016

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Date of Upload: 20-07-2017

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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.