BEFORE THE A.P STATE CONSUMER DISPUTES REDRESSAL COMMISSION ATHYDERABAD

F.A.No.1287 OF 2009 AGAINST C.C.No.595 OF 2008 DISTRICT FORUM-IIIHYDERABAD

Between:

ICICI Bank Ltd.,
rep. by its Manager,
1-1-256, St.No.1, Begumpet
Hyderabad-016

Correct Address:

ICICI Bank Ltd., RAPG
situated atJVLTowers
Opp. Assembly, Saifabad
Hyderabad

A N D

B.Vijaya Lakshmi W/o B.Jagannatha Rao
aged about 55 years, Occ: Housewife
R/o Flat No.1, Dharmareddy Arcade

Laxminagar Colony, Kharmanghat
Hyderabad.

Counsel for the Appellant                    

Counsel for the Respondent         

QUORUM:  

AND

SRI R.LAKSHMINARASIMHA RAO, HON’BLE MEMBER

THURSDAY THE THIRTY FIRST

Oral Order (As per Sri R.Lakshminarasimha Rao, Hon’ble Member)

                                                       1.     `25,000/- towards compensation to the respondent. 

2.    `3,60,000/- and of the said amount the appellant had financed a sum of`2 lakh repayable at quarterly rests @`21,000/-. `1,50,000/- by the respondent.  

3.     

A notice was served on the opposite party which was returned unserved as “refused” as such the service of the notice held sufficient. 

4.     `87,748/- and regularise the account, repossessed the vehicle and thereafter terminated the agreement as also sold the vehicle for`1,01,000/- after issuing presale notice dated 29.1.2007. 

5.      

6.      However, taking into consideration of the sale of the vehicle by the appellant and disputed fact of the amount, we are inclined to remand the matter to the District Forum and impose costs of Rs.1,000/- for the latches committed by the appellant. 

7.        The opposite party shall file its written version and documents if any, before the District Forum by 19.4.2011.    

KMK*