Orissa

Sundargarh II

cc/76/2016

Vikash Kumar singh - Complainant(s)

Versus

The B.M cholamandalam investmeant and finance com ltd - Opp.Party(s)

B.K.swain

14 Mar 2017

ORDER

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM
SUNDARGARH-II, ROURKELA
 
Complaint Case No. cc/76/2016
( Date of Filing : 14 Jul 2016 )
 
1. Vikash Kumar singh
at-samardari post-band purna pani sundargarh
...........Complainant(s)
Versus
1. The B.M cholamandalam investmeant and finance com ltd
a-1 first flower jbs complix uditnagar sundargarh
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MR. SRI.B.K.PANDA PRESIDENT
 HON'BLE MR. Babaji Sahoo MEMBER
 HON'BLE MRS. Sujata Nayak MEMBER
 
PRESENT:
 
Dated : 14 Mar 2017
Final Order / Judgement

Learned Advocate for the complainant as well as for the OP-Finance company are present. In continuation to our order dated 07.03.2017 and after hearing the matter in issue directed by Hon’ble State Commission along with the document i.e. Final Call letter dated 6.02.2017 and account statement from 7.03.2210 to 07.03.2017 in respect o the loan account of the complainant it came to our notice that the complainant had stopped his repayment with effect from 01.06.2016 onwards and thereafter two cheques were bounced due to insufficient funds accumulating total outstanding amount to a tune of Rs.16,73,953/ including O.D. instalment value and additional finance charges. Non-payment of instalment from 01.06.2016 by the complainant can be taken as serious fault in a matter of finance business. In that circumstances, we find no deficiency in service on the part of the OP-Finance Company. Accordingly the case is dismissed and disposed of.  

 
 
[HON'BLE MR. SRI.B.K.PANDA]
PRESIDENT
 
 
[HON'BLE MR. Babaji Sahoo]
MEMBER
 
 
[HON'BLE MRS. Sujata Nayak]
MEMBER
 

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