C.C. No.380/2022
Sri Barada Prasad Pradhan,
S/o. Sri Chandramani Pradhan,
At/P.O.- Bagada,
P.S.- Kendrapara Sadar,
Dist.- Kendrapara.……… Complainant
- The Manager, Sundaram Finance Ltd.
At- Plot No.1495, 1st Floor,
Uday Vihar, Atharabanki,
P.O.- PPL Square, Paradeep,
Dist.- Jagatsinghpur- 754142.
- The Manager, Sundaram Finance Ltd.
At- Plot No.A/167, Metro Polic,
-
Back side of Sporse Hospital,
Bhubaneswar,
Dist.- Khurda- 751007.
- The Manager, Sundaram Finance Ltd.
Regd. Office- 21, Patullos Road,
Chennai- 600002. …..… Opposite parties
For Complainant………..Mr. C. Mishra & Associates
For Opposite Parties……….Mr. S.K. Naik, Advocate
Date of Hearing: 29.8.2024 Date of Judgment: 19.9.2024 |
ORDER BY HON’BLE PRESIDENT- MR. P.K. PADHI:
JUDGMENT
Complainant has filed the consumer complaint U/s.35 of Consumer Protection Act, 2019 seeking not to repossess his vehicle bearing Regd. No.OD-29-G-6979 and to restructure the loan.
Complainant took loan of Rs.30,40,000/- on 01.11.2019 to repay in 56 monthly EMI @ Rs.82,680/- commencing from 05.5.2021 to 05.10.2027. Complainant failed to pay and violated the agreement for which on apprehension of repossession complainant has filed the consumer complaint seeking aforesaid relief. Relationship between complainant and opposite parties is that of debtor and Creditor, we find no merit in the consumer complaint and any deficiency on the part of opposite parties. Besides that complainant is a defaulter of loan as per agreement.
However taking a linnet view we dispose of the consumer complaint directing the opposite parties not to take any coercive action provided the complainant shall pay his regular EMI and in addition to that pay Rs.30,000/- (thirty thousand) in each month towards pending EMI and shall clear the entire loan prior to termination of agreement. With the aforesaid observation and direction the consumer complaint is disposed of. No cost.
Pronounced in the open Commission on this 19th Sept.,2024.
