BEFORE A.P STATE CONSUMER DISPUTES REDRESSAL COMMISSION AT HYDERABAD
F.A.No.33
HYDERABAD
Between:
Mr.Govind Jana S/o Dnyabiva Jana
aged about 62 years, Occ: Pensioner
R/o H.No.13-6-460/85, Mahesh Nagar
Hyderabad-067
The Branch Manager
Indusind Bank Ltd.,
Car Finance Division, 309, III Floor
Minerva Complex, Sarojini Devi Road
Secunderabad-003
Counsel for the Appellants
Counsel for the Respondent
QUORUM:
SRI THOTA ASHOK KUMAR, HON’BLE MEMBER
FRIDAY
Oral Order (As per Sri R.Lakshminarasimha Rao, Hon’ble Member)
***
1.
2. `192,134/- on 24.6.2004 repayable in regular instalments. `1,15,000/- from the respondent by pledging the Maruti Alto Car No.AP 13H 3133 repayable in equal instalments of`4022/- per month.
3.
4.
5.
6.
7. `18,294/-.
8.
9. `1,15,000/- on 13.06.2008 by pledging his Maruti Car bearing number AP36 H 3133 to the respondent-bank and the loan amount was agreed to be repayable @`4,022/- per month in 36 months. It is not disputed that at the time of obtaining loan, the appellant issued 5 blank cheques and letter authorizing the respondent-bank to avail Electronic Service Clearance for clearance of balance 31 installments.
10.
“ please return undebited items to service branch along with return memo.
11. Statement of Account dated 22.03.2011 indicated two items bearing numbers 2041285815 and 2041285816 `4,0222.00 each are undebited though the name of the appellant is mentioned as Govind Dnyandoba Jana. Thus, it can be said that the cheques were not honoured as there was no sufficient funds in the account of the appellant and in regard to the ECS, except
12. `18,294/- towards penal charges demanded by the respondent-bank.
13.
14.
15. `5,000/- towards compensation.
16. `5,000/- towards compensation and`2,000/- towards costs.
KMK*
