VINEETA RAI, ASHOK BHAN
Kanwaljit Singh Walia – Appellant
Versus
Standard Chartered Bank – Respondent
Ashok Bhan, President— Aggrieved against the judgment and order dated 5.9.2007 passed by the State Consumer Disputes Redressal Commission, UT Chandigarh (in short, ‘the State Commission’) confirming the order of the District Forum dismissing the complaint, the Complainant/Petitioner has filed the present Revision Petition.
Facts
2. Briefly stated the facts as per averments made in the complaint are that the Petitioner approached M/s Modern Automobiles Ltd., Respondent No.3 herein for purchasing a brand new Maruti Car in the month of September, 2000. Respondent No.3 quoted the price of the model MPFI as Rs.1,90,950. Petitioner informed the Respondent No.3 that he did not have the requisite amount to pay the full sale price of the car. Respondent No. 3 then told the Petitioner that it could arrange the loan if the Petitioner can pay the margin money and post-dated cheques for monthly installments. Believing the said allurement and inducement, Petitioner paid a sum of Rs. 5,058 in cash to Respondent No.3 on 28.9.1990 as margin money. Respondent No. 3 obtained Petitioner’s signatures on many printed papers including blank promissory notes, loan agreement where the blank columns w
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.