Goa

StateCommission

A/73/2013

M/s. IndiaBulls Securities Limited & another - Complainant(s)

Versus

Mr. Anand J. Gawde - Opp.Party(s)

Sudin Usgaonkar

25 Apr 2014

ORDER

Goa State Consumer Disputes Redressal Commission
Panaji-Goa
 
First Appeal No. A/73/2013
(Arisen out of Order Dated 29/01/2013 in Case No. CC/09/93 of District North Goa)
 
1. M/s. IndiaBulls Securities Limited & another
M-62 & 63, First Floor,Connaught Place, New Delhi-110001
2. M/s Indiabulls Securities Limited(Goa Branch)
F-01/2/6, 1st Floor, Rani Pramila Arcade, 18th June Road, Panaji Goa
...........Appellant(s)
Versus
1. Mr. Anand J. Gawde
R/o Flat No. 406, Xavier Enclave Building, Behind Mapusa Court,Panaji Goa
...........Respondent(s)
 
BEFORE: 
 HONABLE MR. JUSTICE N.A.Britto PRESIDENT
 HONABLE MRS. Smt.Vidhya R. Gurav MEMBER
 
For the Appellant:
Adv. Shri. M. Aguiar
 
For the Respondent:
ORDER

In the light of the discussion, we hold that the Complainant is not a consumer within the meaning of Section 2(1)(d)(ii) of the C.P. Act, 1986 and as such his complaint could not have been entertained and decided by the Lr. District FOrum.

Consequently, we allow the appeal, set aside the impugned order and dismiss the complaint, and, considering the facts with no order as to costs. Complainant would be entiltled to claim the benefit of Section 14 of Limitation Act, as held by the Apex Court in Laxmi Engineering, II 1995 CPJ I.

 
 
[HONABLE MR. JUSTICE N.A.Britto]
PRESIDENT
 
[HONABLE MRS. Smt.Vidhya R. Gurav]
MEMBER

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