Disclaimer

Disclaimer: The information providing here is for general awareness. Author is not responsible for any consequence through use or misuse of the same. This blog is designed for general information only. The information presented at this blog should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advices regarding their individual legal issues.

Friday, January 30, 2009

The paid instalments amount got from chit company after discontinuation of the chit

Brief facts of the case:
The consumer was a member of a chit for Chit value Rs. 1,50,000/- .The consumer paid 3 months instalments. Thereafter he became a bid prized. As per the Chit Act the consumer/member has to furnish 3 guarantors. He failed to produce the 3 guarantors according the rules of the company. The company neither paid the bid amount nor return the paid amount of chit. Then the member approached to the District Forum for a direction to the company to pay the amount which was paid by him to the chit company. The District forum after conducting thorough enquiry, found that there is deficiency in service on the part of the company/Opposite party and directed to pay 3 instalment amount with 12% interest to the complainant.

Against this the company filed a First Appeal , the state consumer commission heard the complainant at length. The Appellate court passed an order modifying the order of the District Forum and directed the company/Appellant to pay the amount after deduction of 5% foremen commission and remaining part of orders of the District forum confirmed.

This case was filed by me for consumer and got favourable orders.

No comments: