Rekha Gupta, Member—Revision no. 2092 of 2012 has been filed against the order dated 14.02.2012 passed by the Haryana State Consumer Disputes Redressal Commission, Panchkula (‘the State Commission’) in First Appeal no. 2213 of 2007 upholding the order passed by the District Consumer Disputes Redressal Commission, Panipat (‘the District Forum’) in complaint no. 116 of 2006.

2. The brief facts of the case as given by the respondent/complainant are as follows:

3. That the respondent/ complainant had purchased a tractor and obtained loan for purchasing the tractor and thresher from the petitioner bank. The said tractor was hypothecated with the SBI Bapoli District Panipat. But due to the mechanical defect in the tractor the instalment could not be deposited in time hence, the petitioner bank filed the civil suit for recovery of the balance loan amount titled SBI v. Krishna etc., in the civil court, Panipat.

4. The respondent/ complainant had come into compromise with the petitioner and deposited the entire agreed loan amount settled the compromise. The petitioner has issued the clearance certificate to the respondent/ complainant on dated 19.07.2005.

5. The respondent/complainant