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NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION, NEW DELHI
Mr. T.K. Goon, J
Dhanlaxmi Bank Ltd. – Appellant
Versus
S. Loganathan – Respondent
| Table of Content |
|---|
| 1. consumer complaint filed against bank for refusing jewel redemption. (Para 1 , 2 , 3) |
| 2. allegations of fraud and bank's unreasonable conditions discussed. (Para 4 , 5) |
| 3. court confirms findings of lower commission on bank's actions. (Para 6 , 7) |
| 4. final conclusion against the appeal and direction to comply. (Para 8) |
1. Heard Mr. T.K. Goon, Advocate, for the appellants and Mr. S. Loganathan (the respondent), in person.
2. Aforementioned appeal has been filed from the order of Tamil Nadu State Consumer Disputes Redressal Commission, Madurai dated 19.3.2014, passed in Consumer Complaint No.37 of 2012, whereby the complaint filed by the respondent was partly allowed and the appellants were directed to redeem the jewels on receipt of principal amount and interest up to 28.12.2008 and pay compensation of Rs. 50,000 to the respondent.
3. S. Loganathan (the respondent) filed Consumer Complaint No.37 of 2012 for directing Chairman, Dhanlaxmi Bank Ltd. and others (the appellants) to (i) redeem his property, taking interest up to 28.12.2008, (ii) pay compensation of Rs. 26 lacs for withholding the property, (iii) pay compensation of Rs.10 lacs for mental agony and harassment,
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