DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JHARSUGUDA
CONSUMER COMPLAINT CASE NO. 70 OF 2017
Rajesh Kumar Shukla (45 Years),
S/O- Chhedu Prasad Shukla,
R/O: Near Railway station, PO/PS: Belpahar,
Dist: Jharsuguda, Odisha……………………………………….…………Complainant.
Versus
Branch Manager,
Shreeram Transport Finance Co. Ltd.,
2nd Floor, Panigrahi Complex,PO: Industrial Estate,
PS/ Dist: Jharsuguda, Odisha…….…...……………….……..….……..Opp. Party.
Counsel for the Parties:-
For the Complainant Abdul zalil, Adv. & Associates.
For the Opp. Party Self. (Ex-Parte)
Date of Order: 13.12.2017
Present
1. Shri Sundarlal Behera, President.
2. Shri Santosh Kumar Ojha, Member.
3. Smt. Anamika Nanda, Member (W).
Shri S. L. Behera, President: - The brief facts of the complainant’s case is that, the complainant avail loan of Rs.3,96,100/- only plus interest from the O.P. and purchased one vehicle Tata LPT 2515 TC/48 bearing Regn. No.OR-23B-0953 which was to be returned with interest started from 17.03.2016 to 20.10.2018 in monthly installments. The complainant has paid more than Rs.1,68,600/- only up to dated.28.06.2017 but the O.P is demanding Rs.4,52,870/- without any justification, hence this case.
The O.P. failed to appear after being noticed and stand ex-parte.
Heard from the complainant and gone through the case record. The complainant has taken loan of Rs.3,96,100/- wherein Rs.1,33,866/- was charged as interest and other charges and the complainant was to pay Rs.5,29,966/- only in total in 32 nos. of EMIs. started from 17.03.2016 to 20.10.2018. As per the statement of accounts issued by the O.P dtd. 28.06.2017 the complainant has paid Rs.1,68,600/- only out of Rs.3,48,316/- only the total due amount as on date and the arrear amount was Rs.1,79,716/- only. The O.P calculated Rs.4,52,870/- only as full and final settlement amount as on dtd. 04.07.2017 including future principal and future insurance. The said vehicle is in the possession of the complainant.
In the above observation we are in considered opinion to allow partly the complaint case with direction to the O.P to issue afresh statement of accounts in favour of the complainant along with a copy of loan agreement and receive the outstanding dues amount from the complainant.
Accordingly the case is disposed of.
Order pronounced in the open court today the 12th day of December’ 2017 and copy of this order shall be supplied to the parties as per rule.
I Agree. I Agree
Anamika Nanda(W) S.K.Ojha, Member S. L. Behera, President
Dictated and corrected by me
S. L. Behera, President.
