BEFORE A.P STATE CONSUMER DISPUTES REDRESSAL COMMISSION AT HYDERABAD

F.A.No.848 OF 2011 AGAINST C.C.NO.252 OF 2010 DISTRICT FORUM-II VIJAYAWADA AT KRISHNA DISTRICT

Between:

                                       HDFC Bank Limited
rep. by its Manager (Car Loans)
Legal Manager,

Yarlagadda S/o C/o Sri Krishna Estates

Counsel for the Appellant                     Counsel for the Respondent 

QUORUM:  

                       SRI THOTA ASHOK KUMAR, HON’BLE MEMBER

 MONDAY THE FOURTH  

Oral Order (As per Sri                                        

1.    2.            hat the complainant purchased Mercedes Benz car from M/s took delivery of the vehicle on 03-04-2008.     `14 lakhs as also six monthly instalments.    

3.     `37 `37,43,839/- and thereafter by filing original petition before III    

4.            

5.    `15 lakh with interest @ 9% p.a. from the date of filing the complaint and costs of`2,000/-.

6.            

7.    

8.    `40 lakhs from the opposite party. `40 lakhs to the The complainant paid balance amount to a tune of`14 lakhs as also six monthly instalments. The complainant         

9.             

10.             

“Dissatisfied with the order of State Commission, the petitioner has     

11.           

”The respondent No.1 had concealed from the  

12.           

13.              

“The remedy of arbitration is not the only remedy available to a grower. Rather, it is an optional remedy. He can

14.                 `10 lakhs though found support from the record, it cannot be held that this commission can interfere with the juridical aspect of arbitration tribunal. 

15.           In the result, the appeal is allowed setting aside the order of the District Forum. n the event the 

                                                                                                                                                        KMK*