Maharashtra

Additional DCF, Nagpur

CC/18/171

Megataj Agrovet Pvt. Ltd., Through Director Dr. Amanant Khokar - Complainant(s)

Versus

Kotak Mahindra Bank Ltd., Through Managing Director - Opp.Party(s)

Adv. Shweta Jaiswal

08 Jan 2019

ORDER

ADDITIONAL DISTRICT CONSUMER DISPUTES REDRESSAL FORUM,
NAGPUR
New Administrative Building No.-1
3rd Floor, Civil Lines, Nagpur-440001
Ph.0712-2546884
 
Complaint Case No. CC/18/171
( Date of Filing : 03 Oct 2018 )
 
1. Megataj Agrovet Pvt. Ltd., Through Director Dr. Amanant Khokar
J-22, MIDC Hingna Road, Nagpur 440011
Nagpur
Maharashtra
...........Complainant(s)
Versus
1. Kotak Mahindra Bank Ltd., Through Managing Director
27, BKC, C-27/G-Block, Bandra Kurla Complex, Bandra East 51, Mumbai
Mumbai
Maharashtra
2. Kotak Mahindra Bank Ltd., Through Authorized Officer
Medical Square Branch, Nagpur
Nagpur
Maharashtra
3. Veer Anurag, Branch Manager, Kotak Mahindra Bank Ltd.
Medical Square Branch, Nagpur
Nagpur
Maharashtra
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MR. Shekhar P.Muley PRESIDENT
 HON'BLE MR. AVINASH V.PRABHUNE MEMBER
 HON'BLE MRS. Dipti A Bobade MEMBER
 
For the Complainant:
For the Opp. Party:
Dated : 08 Jan 2019
Final Order / Judgement

(Passed this on 08th January,  2019)

 

Shri.  Avinash V. Prabhune, Member –

 

Heard the Counsel for Complainant & perused the Complaint with all documents.

 

In the present complaint, it is evident that the Complainant is private limited company registered under the companies Act 1956. It is involved in manufacturing business related to animal feeds in name & style Meghtaj Agrovet Pvt ltd. As per their own averments in the complaint, Complainant has availed Term loan (Rs 4,06,69,989) &  Cash credit loan (Rs 1,99,79,882) for business activities from OPs.

 

Matter was heard for admission hearing on following dates

 

11th Oct 2018,            Counsel of Complainant sought time for filing judgments on the issue of holding complainant as ‘Consumer’ within the definition of Section 2(1)(d) of the Consumer Protection Act 1986 for the present case

25th Oct 2018            Complainant & his counsel were absent.

 

16th Nov 2018           Matter adjourned against the request from Complainant’s   counsel.

29th Nov 2018           Matter adjourned against the request from Complainant’s   counsel.

21st Dec 2018           Complainant’s   counsel gave submissions  at bar that she would withdraw complaint on the next date. But today she is absent (8/1/2019). 

 

It can be seen that Complainant is the commercial organization & had obtained loan for its Business activities, therefore, Loan taken for manufacturing business is certainly a commercial activity. It cannot be said that Loan was taken by Complainant for any personal use or for earning livelihood by means of self employment. Considering the commercial activities & nature of business carried out by the Complainant, Forum is of the firm opinion that present Complainant is not entitled to be considered as ‘Consumer’ within definition of Section 2(1)(d) of the Consumer Protection Act 1986.

 

Complaint deserves to be dismissed, hence dismissed.

 

   ORDER

 

1)   Complaint is dismissed at admission stage.

2)   No order as to costs.

3)   Certified copy of this order be supplied to Complainant.

 

 

 

 
 
[HON'BLE MR. Shekhar P.Muley]
PRESIDENT
 
[HON'BLE MR. AVINASH V.PRABHUNE]
MEMBER
 
[HON'BLE MRS. Dipti A Bobade]
MEMBER

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