Dr. B.C. Gupta, Presiding Member—This revision petition has been filed under section 21(b) of the Consumer Protection Act, 1986, against the impugned order dated 30.03.2013, passed by the Maharashtra State Consumer Disputes Redressal Commission, Mumbai (hereinafter referred to as “the State Commission”) in First Appeal No. FA/12/909, arising out of the order dated 25.05.2012, passed by the District Consumer Disputes Redressal Forum, Mumbai (Suburban) in Consumer Complaint No. 545/2008.

2. The facts of the case are that the complainants/ respondents are joint holders of a Bank account at Andheri Branch of the petitioner State Bank of India at Mumbai since 2005. The complainants stated that they were holders of 5900 equity shares of M/s. Tata Steel Ltd. In December 2007, the said Company came out with a Rights Issue and offered additional equity shares at the price of Rs. 300/- per share to the existing shareholders. The complainants made an application dated 17.12.2007 for allotment of 1180 shares of the Company, offered to them and issued a cheque bearing no. 836857 dated 17.12.2007 for Rs. 3,54,000/-, signed by complainant no. 2, Dr. R. G. Jimulia. The said cheque, when presen