D.K.JAIN, VINAY KUMAR
B. Subbarao – Appellant
Versus
Sun Pharmaceuticals Ltd. – Respondent
D.K. Jain, J., President—By this Revision Petition, under Section 21(b) of the Consumer Protection Act, 1986 (for short “the Act”), the Complainant questions the correctness and legality of order dated 28.05.2008, passed by the Andhra Pradesh State Consumer Disputes Redressal Commission at Hyderabad (for short “the State Commission”) in First appeal No. 1680 of 2005. By the impugned order, the State Commission while allowing his Appeal, has directed Respondent No. 1, M/s Sun Pharmaceuticals Ltd.; and its Registrar for Shares, Respondent No. 2 herein, to refund an amount of Rs.26,000/-, representing the value of 100 equity shares, originally held by the Petitioner in the said Company, together with interest @ 12% per annum from the date of filing of the Complaint till realization and compensation of Rs.15,000/- towards the mental agony as also for the loss suffered by him on account of fluctuations in the share market.
2. Succinctly put, the facts leading to the filing of the Revision Petition are that the Petitioner was holding 100 Shares of the face value of Rs.10/- each of Respondent No. 1 Company. The Share Certificate was in the physical form. According to the Petitioner, h
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