N.P.KAUSHIK
KRISHAN KUMAR – Appellant
Versus
ASHOK LEYLAND FINANCE LTD. – Respondent
JUDGMENT
N.P. Kaushik, Member (Judicial).—The appellant Sh. Krishna Kumar Dhankhar has challenged the orders dated 23.11.2012 passed by the Ld. District Forum X New Delhi. Vide impugned orders, the complaint filed by the appellant/complainant was dismissed. Parties hereinafter shall be referred to by their status in the original complaint as it was.
2. Complainant filed a complaint on 26.09.2006 in the District Forum alleging that he had purchased an engine (horse) from M/s Ashok Leyland Ltd. which was to be used as carrier after connecting a trailer with it. Cabin of the engine was also required to be made later on. The transaction was done on 20.02.2004 after entering into an agreement with Ashok Leyland Finance Ltd. 43 Community Centre New Friends Colony Delhi 65 (hereinafter referred to as OP). Price of the engine was Rs. 8,50,000/-. OP for this purpose sanctioned a loan to the tune of Rs. 8,50,000/- itself to the complainant. After adding interest to the principle amount of Rs. 8,50,000/-, an amount of Rs. 9,64,750/- was to be repaid to the OP in equal monthly installments (EMI) w
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