NCDRC

NCDRC

RP/1818/2013

ANDHRA BANK - Complainant(s)

Versus

KAMIREDDY VIJAY BHASKAR REDDY - Opp.Party(s)

MR. R.P. VATS

08 Jan 2014

ORDER

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
NEW DELHI
 
REVISION PETITION NO. 1818 OF 2013
 
(Against the Order dated 15/11/2012 in Appeal No. 736/2011 of the State Commission Andhra Pradesh)
1. ANDHRA BANK
ZONAL OFFICE, GT ROAD,, NAGARAMPALEM,
GUNTUR
A.P
...........Petitioner(s)
Versus 
1. KAMIREDDY VIJAY BHASKAR REDDY
S/O LATE VENKATESHWAR REDDY, R/O H.NO-9-9-8, ARUNDALPET, NARASARAOPET
GUNTUR
A.P
...........Respondent(s)

BEFORE: 
 HON'BLE MR. JUSTICE D.K. JAIN, PRESIDENT
 HON'BLE MRS. VINEETA RAI, MEMBER
 HON'BLE MR. VINAY KUMAR, MEMBER

For the Petitioner :
Ms. Reema, Advocate
For the Respondent :
Mr. K. Maruthi Rao, Advocate

Dated : 08 Jan 2014
ORDER

 

 

      Issue raised in the present revision petition stands concluded by a decision of this Commission, dated 03.01.2013 in Revision Petition Nos. 1707 to 1709 of 2012, to which one of us, (Mr. Vinay Kumar) was a Member. Dealing with the issue arising out of the same scheme, viz. Agricultural Debt Waiver and Debt Relief Schemes, 2008, it has been held as follows :- 
“According to learned counsel, in these cases neither the period of one year was over nor any demand for repayment had been raised by the Bank. Therefore, the loans cannot be considered ‘overdue as on 31.12.2007’. The inherent fallacy of this argument is apparent. Its acceptance would mean that all such loans which were disbursed by the OP within a period of one year ending 31.12.2007, would fall beyond consideration under the Government of India Scheme 2008, on the ground of not being overdue. But, loans disbursed upto 31.3.2007 are specifically made eligible for consideration under the scheme. Therefore, we reject this contention and hold that it has rightly been rejected by the State Commission as well as the District Forum.”
 

          It is fairly pointed out by learned counsel for the petitioner that the Special Leave Petition preferred by the Bank against the above said order has since been dismissed, in limine. Accordingly, following the said order, with which we are in respectful agreement, the present revision petition is dismissed.

 
......................J
D.K. JAIN
PRESIDENT
......................
VINEETA RAI
MEMBER
......................
VINAY KUMAR
MEMBER

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