Orissa

Jharsuguda

CC/81/2016

Amitabh Gupta S/o- Chainni Gupta - Complainant(s)

Versus

Branch Manager,TATA MOTARS FINANCE Ltd - Opp.Party(s)

PRM Rao

16 Aug 2017

ORDER

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM JHARSUGUDA.
ODISHA
 
Complaint Case No. CC/81/2016
 
1. Amitabh Gupta S/o- Chainni Gupta
At-Kalinagar ,Brajrajnagar,PS-Orint ,Brajrajnagar
Jharsuguda
Odisha
...........Complainant(s)
Versus
1. Branch Manager,TATA MOTARS FINANCE Ltd
AT-2nd Floor Balaji Tower,GM Collage Road,Budharaja
Sambalpur
Odisha
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MR. Sundar lal Behera PRESIDENT
 HON'BLE MRS. ANAMIKA NANDA MEMBER
 HON'BLE MR. SANTOSH KUMAR OJHA MEMBER
 
For the Complainant:
For the Opp. Party:
Dated : 16 Aug 2017
Final Order / Judgement

 

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JHARSUGUDA

 

CONSUMER COMPLAINT CASE NO. 81 OF 2016

Amitabh Gupta ( 39 Years),

S/O- Chainni Gupta,

RO: Kalinganagar, Brajrajnagar,PS: Orient,Brajrajnagar,

Dist: Jharsuguda,Odisha………………………..……….…….…………Complainant.

                                                 

Versus

 

The Branch Manager,

Tata Motor Finance Ltd., Second Floor, Balaji Tower,

GM College Road,Budharaja,

Dist: Sambalpur, Odisha………………………………....…….…..….……..Opp. Party.

 

 

Counsel for the Parties:-

For the Complainant                                  Shri P.R.M. Rao, Adv. & Associates.

For the Opp. Party                                   Shri A.K.Sahoo, Adv. & Associates.

 

Date of Order: 16.08.2017

 

Present

                                                                                 1. Shri S.L.Behera, President.

                                                                                 2. Shri S.K. Ojha, Member.

                                                                                 3. Smt. A. Nanda, Member (W).

 

Shri S. L. Behera, President: - The brief facts of the complainant’s case is that, the complainant avail loan of Rs.24,41,260/- only from the O.P. on dtd.26.09.2013 and purchased one vehicle bearing Regn. No.OD-15A-6033 which was to be returned with interest within 02.09.2017 in monthly installments. The complainant has paid more than Rs.15,98,280/- only up to October’2016. The complainant was paying the monthly installment regularly but due to non-furnishing of copy of agreement and interest charged to the complainant along with the account statement the complainant unable to pay his installments in time. The complainant is ready to pay the defaulted amount and while asking about the current balance of his loan account the O.P denied to supply the statement of accounts and threatening to seize the vehicle, hence this case.

The O.P. appeared through their counsel after being noticed and filed preliminary objection. The O.P submitted that the complainant is a defaulter in making payments of installments. The complainant has availed loan of Rs.18,50,000/- which was to be paid with interest in 47 nos. of monthly EMIs. started

from 02.11.2013 to 02.09.2017. The O.P further submitted that the loan agreement vide no. 5001373432 contains an arbitration clause.  An arbitral award has already been passed on dtd. 08.09.2016 so the consumer for a has no power to decide this complaint petition and filed several citations of Hon’ble National CDR Commission and the case is liable to be dismissed.

Heard and perused the case record along with materials available. The complainant was financed a vehicle bearing Regn. No.OD-15A-6033 by the O.P for an amount of Rs.18,50,000/- only excluding interest which was to be refunded in 47 numbers of monthly installments started from 02.11.2013 to 02.09.2017.  As per the statement of accounts issued by O.P. dtd. 09.08.2017 the complainant was to pay Rs.5,50,790/- only towards over due installment and Rs.3,35,749/- only towards net overdue interest.  An arbitral award has been passed against the complainant on dtd.08.09.2016 where the complainant filed this case on dtd. 25.10.2016. 

As an arbitral award has been passed on the same dispute prior to filing of the complaint case by the complainant, this Hon’ble Forum bind its hands on deciding the same dispute, hence the complaint case is hereby dismissed with no cost.

            Accordingly the present complaint case is disposed of.

Order pronounced in the open court today the 16th day of August’ 2017 and copy of this order shall be supplied to the parties as per rule. 

          I Agree.                           I Agree.                                                                                            

                                         

        A.Nanda, Member             S.K.Ojha, Member            S. L. Behera, President                 

 

Dictated and corrected by me

 

      S. L. Behera, President.

 

 

 

 

 
 
[HON'BLE MR. Sundar lal Behera]
PRESIDENT
 
[HON'BLE MRS. ANAMIKA NANDA]
MEMBER
 
[HON'BLE MR. SANTOSH KUMAR OJHA]
MEMBER

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