Narayan S/o. Hazari Lal Suwalka VS Punjab National Bank

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

J. RAJENDRA
Narayan S/o. Hazari Lal Suwalka – Appellant
Versus
Punjab National Bank – Respondent

Advocates:
Counsel for the Parties:
For the Petitioner:Mr. Shiv Vyas, Advocate
For the Respondent No.1:Mr. Ajay Shanker, Advocate (Through VC)
For the Respondent No.2:Mr. Brijesh Kr. Sharma, Advocate. (Through VC)

ORDER

This Revision Petition No.363 of 2017 challenges the Rajasthan State Consumer Disputes Redressal Commission, Jaipur (‘the State Commission’) order dated 08.11.2016 which partially allowed FA No. 187/2015 and reduced the quantum of compensation awarded by the District Consumer Disputes Redressal Forum, Bhilwara, Rajasthan (‘the District Forum’) vide order dated 06.01.2015 in CC No. 166/2013.

2. For convenience, the parties are referred to as placed in the original Complaint before the District Forum.

3. Brief facts of the case, as per the Complainant, are that a fire incident occurred on 19.01.2013 due to a short circuit which destroyed his stock of cattle feed, machinery, and business records. The incident was promptly reported to police, fire brigade, and insurance company. All necessary documents, including stock statements approved by the bank and duplicate purchase bills for cattle feed worth Rs.3,58,330/-, were submitted to the surveyor. Despite submitting all documents required, the claim was arbitrarily settled for a meagre Rs.36,700/- without proper justification. The assessed stock value was Rs.7,94,000/- as verified by the bank on 07.01.2013, and subsequent purchases m

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