M/S KONEL CORPORATION PVT LTD, Thru Mr. Himanshu M. Shah, Director vs The Branch Manager, UNION BANK OF INDIA

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

BEFORE THE HON'BLE STATE CONSUMER DISPUTES REDRESSAL

COMMISSION, MAHARASHTRA, MUMBAI

Complaint Case No. CC/09/110

1. M/S KONEL CORPORATION PVT LTD, Thru Mr. Himanshu M. Shah, Director

PLOT NO. 90, GOVT INDL ESTATE, KANDIVALI (W), MUMBAI 400067.

Maharashtra

...........Complainant(s)

Versus

1. The Branch Manager, UNION BANK OF INDIA

GOREGAON EAST BR., 'SHRI SADAN', SHANTIBEN ESTATE, GOREGAON (E), MUMBAI 400063

Maharashtra

............Opp.Party(s)

BEFORE:
	HON'ABLE MRS. Usha S.Thakare PRESIDING MEMBER
	HON'ABLE MR. Narendra Kawde MEMBER

PRESENT:

Adv.Ashutosh Marathe

......for the Complainant

Adv.Suchitra Patra

......for the Opp. Party

ORDER

(Per Hon’ble Shri Narendra Kawde, Member)

(1) Complainant is a small scale industrial unit engaged in designing, engineering, manufacturing and supplying of materials handling equipment on turnkey basis. The complainant is banking with the opponent, Union Bank of India, Goregaon Branch, Mumbai (hereinafter referred to as “Opponent Bank”) and availing cash credit and other facilities extended by the Opponent Bank since quite long time. Opponent Bank sanctioned credit limit by letter dated 07/04/2000 for execution of projects at Sikka,

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