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BEFORE THE HON'BLE STATE CONSUMER DISPUTES REDRESSAL

COMMISSION, MAHARASHTRA, MUMBAI

Complaint Case No. CC/10/105
1. M/S ALLIED COMPUTERS INTERNATIONAL (ASIA) LTD
501-503 MORYA ESTATE LOKHANDWALA COMPLEX NEW LINK ROAD ANDHERI (WEST) MUMBAI
MUMBAI
MAHARASHTRA
...........Complainant (s)

Versus
1. ANDHRA BANK
YOGESHWAR DHAM M G ROAD MULUND (W) MUMBAI
MUMBAI
MAHARASHTRA
............Opp.Party(s)

BEFORE :
Hon'ble Mr.Justice S.B.Mhase PRESIDENT
Hon'ble Mr. S.R. Khanzode Judicial Member
Hon'ble Mr. Dhanraj Khamatkar Member

PRESENT :S PISE , Advocate for the Complainant 1

ORDER

Per Mr.Justice S.B.Mhase, Hon’ble President

Heard Mr.S.K.Pise-Ld.counsel for the complainant at length.

Complainant is a company dealing in manufacture of Laptops and sale which is branded as ACI Computer. They have made applications for various loans to the opponent bank.  One of the loans which was applied and sanctioned is a term loan for the Vasai office amounting to Rs.5 crores.  Second loan is a cash credit facility limit having limit of Rs.2.5 crores and third is letter of credit having limit of Rs.1.75 crores.  Further, grievance is that the term loan was sanctioned on 2












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