DIST.CONSUMER DISPUTES REDRESSAL COMMISSION, KHURDA, BHUBANESWAR:
C.C.No.279/2022
Sekh Firoj, aged about 31 years,
S/o Sekh Fayaz, At – Mukundaprasad,
PO – P.N. College, Khordha,
PS / Dist – Khordha
………Complainant.
-Vrs.-
- Poonawalla Fincorp Ltd., (Formerly known as Magma Fincorp Ltd.),
Regisitered Office – Development House, 24 Park Street,
Kolkata – 700016, through its Managing Director.
- Branch Manager, Poonawalla Fincorp Ltd.,
(Formerly known as Magma Fincorp Ltd.),
At : Nirmala Plaza , A1, Forest Park, Bhubaneswar, Dist- Khurda
……..Opp. Parties.
EXTRACT OF THE ORDER NO.03: DATED: 02/12/2022
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Arbitration award has been passed against the complainant. The photocopy of the arbitration award has also been submitted by the OPs today. Therefore, this Commission has no jurisdiction to entertain this dispute. To this effect, it is relied upon the decision of the Hon’ble National Commission Disputes Redressed Commission in Vishnu Chandra Sharma Vrs – Sriram Finance Company Ltd. & Another. In that case, the National Commission has observed that the provision of the Consumer Protection Act, 1986 cannot be used in derogation of Arbitration and Reconciliation Act, 1996, remedy under Consumer Protection Act, 1986 is an additional remedy if the main remedy under the concerned Act has not been taken. Since in this case, the OPs had sought for remedy before the Arbitration and Reconciliation Act, 1996, in exercising of the terms & conditions of the agreement, the Consumer Commission has no jurisdiction to entertain this case. Therefore, the complaint petition is dismissed being in-fructuous in view of the arbitration award.
Sd/-Member (W) Sd/- President
(S.Tripathy) (K.C.Rath)
