JUDGMENT

A.C. Raval, Member—The appellants – original respondents have filed this appeal under section 15 of the consumer protection Act being aggrieved by and dissatisfied with the order dated 31.01.2018 passed by the learned District Consumer Disputes Redressal Forum (Additional), Surat (hereinafter referred to as “learned District Forum”) in Consumer Complaint No.266 of 2017.

2. Heard learned advocate Mr. K.R. Patel for the appellants – original respondents and also heard learned advocate Mr. S.G. Shah for the opponent – original complainant.

Case of the complainant:

3. It is the case of the complainant that the complainant had purchased one transport vehicle i.e., TATA Hyva Tipper bearing registration no.GJ-05-AV-6536 in the year 2012 and availed the loan of Rs.20,75,000/- from the opponent – financial company and hypothecated the vehicle with the opponent – financial company. As per the payment schedule, the complainant has to pay loan amount in total 42 installments of Rs.57,430/-. The complainant paid the entire amount on 18.08.2016 and requested to give No Objection Certificate (NOC) letter. The NOC was not given by the opponent, hence, the complainant gave legal notice on