NCDRC

NCDRC

RP/916/2011

ICICI BANK LTD. & ANR. - Complainant(s)

Versus

PRADEEP KUMAR JAIN - Opp.Party(s)

M/S. KAPOOR & CO.

25 Jul 2012

ORDER

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
NEW DELHI
 
REVISION PETITION NO. 916 OF 2011
 
(Against the Order dated 20/12/2010 in Appeal No. 646/2009 of the State Commission Delhi)
1. ICICI BANK LTD. & ANR.
K.G. Marg
New Delhi - 110001
Delhi
2. ICICI BAN LTD.
Green Park, Near Kamal Cinema
...........Petitioner(s)
Versus 
1. PRADEEP KUMAR JAIN
Resident of 42-B, Pocket-A, DDA Flats, GTB Enclave
New Delhi - 110093
Delih
2. MS. MADHU JAIN
Resident of 42-B, Pocket-A, DDA Flats, GTB Enclave
New Delhi - 110093
Delhi
3. SH. RAMAN JAIN
Resident of 42-B, Pocket-A, DDA Flats, GTB Enclave
New Delhi - 110093
Delhi
...........Respondent(s)

BEFORE: 
 HON'BLE MR. JUSTICE R.C. JAIN, PRESIDING MEMBER
 HON'BLE MR. JUSTICE V.B. GUPTA, MEMBER

For the Petitioner :
Mr. Rishi Kapoor, Advocate
For the Respondent :
Mr. Madhurendra Kr, Advocate along with R-I in person.

Dated : 25 Jul 2012
ORDER

Under instructions learned counsel for petitioner states that although as per loan agreement, a sum of Rs. 20, 11,683/ is payable by the respondent-complainant towards the balance amount of the interest and penal interest, the Petitioner in order to settle the matter has decided to charge only a lump-sum of Rs.10,58,000/- from the respondent- complainant, if the amount is paid within four weeks from today. Offer is acceptable to the respondent-complainant, who is present in the court. His statement has been recorded separately. In view of the statement given by learned counsel for the petitioner and the settlement reached between the parties, the present revision petition stands disposed of with the direction to the respondent-complainant to pay a sum of Rs. 10,58,000/- to the petitioner in full and final settlement of the loan agreement, within forty five (45) days from today, failing which amount shall carry interest @14% P. A.

 
......................J
R.C. JAIN
PRESIDING MEMBER
......................J
V.B. GUPTA
MEMBER

Consumer Court Lawyer

Best Law Firm for all your Consumer Court related cases.

Bhanu Pratap

Featured Recomended
Highly recommended!
5.0 (615)

Bhanu Pratap

Featured Recomended
Highly recommended!

Experties

Consumer Court | Cheque Bounce | Civil Cases | Criminal Cases | Matrimonial Disputes

Phone Number

7982270319

Dedicated team of best lawyers for all your legal queries. Our lawyers can help you for you Consumer Court related cases at very affordable fee.