Mr. Justice J.B. Garg, President — Vijay Kumar Sharma a resident of Panchkula approached the Northland Leasing Limited, respondent No. 1 and they assured and recommended a loan of Rs. 87,210/- for Maruti Van which the complainant required for earning his livelihood and for personal use as well. Besides this he invested a sum of Rs. 40,000/- from his own pocket. The loan of Rs. 87,210/- referred to above was granted by Citi Bank and it was disbursed to M/s. Northland Leasing Ltd. It was to be repaid in the form of instalments by the complainant. Though the respondents were expected to deliver the Maruti Van to complainant but they failed to do so and a notice was served on them on 16.4.92 because there was an increase in its price to the tune of Rs. 20,000/-. The complainant alleged that in order to meet his own requirement he was compelled to hire a Van and he suffered a loss in the sum of Rs. 50,000/-. He has prayed for payment of Rs. 50,000/- together with the delivery of the van on the rate prevalent on 22.3.91.

2. M/s. Northland Leasing filed a reply wherein it has been averred that they were in no way responsible to deliver the van or vehicle to the complainant. They had n