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India Bulls Housing Finance

This is a discussion on India Bulls Housing Finance within the Loan forums, part of the Financial Services category; C.C. No. 08 of 2009. Decided on 9.12.2009. Bhart Singh Verma Geeta Bhawan, Verma Niwas 2nd Floor, Vikash Nagar, Kasumpti, ...

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    adv.singh is offline Senior Member
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    Default India Bulls Housing Finance

    C.C. No. 08 of 2009. Decided on 9.12.2009.

    Bhart Singh Verma Geeta Bhawan,

    Verma Niwas 2nd Floor, Vikash Nagar,

    Kasumpti, Shimla-1.

    ....Complainant.

    Versus
    1. M/s India Bulls Housing Finance Ltd.,

    Though its Managing Director,

    Office at F-60, 2nd Floor, Malhotra Building,

    Cannaught Place, New Delhi-110001.

    2. Branch Manager, India Bulls Housing

    Finance Ltd., Branch Office Dev Nagar,

    Central Park By Pass Road, Kasumpti, Shimla. …..Opposite Paties.

    Hon’ble Mr. Justice Arun Kumar Goel (Retd.), President.

    Hon’ble Mrs. Saroj Sharma, Member.

    Hon’ble Mr. Chander Shekher Sharma, Member.

    Whether approved for reporting ?

    For the complainant. Mr. Rajesh Kumar, Advocate.

    For the opposite parties. Mr. Vijay K. Verma, Advocate for

    for the opposite parties.

    ORDER
    Justice Arun Kumar Goel (Retd.) President.



    1. When hearing in this case commenced, learned counsel for the complainant produced photostat copy of letter dated 3.12.2009, issued by opposite party No.1, it contains the terms of settlement between the parties, which is ordered to be taken on record.



    2. On instructions received from his client Sh. Rajesh Kumar, learned counsel for the complainant submitted that he has instructions not to press this complaint since matter has amicably been settled between the parties in terms of the letter dated 3.12.2009. His client has already deposited Rs. 2 lacs and is

    going to deposit the remaining amount of Rs. 3 lacs on or before 31.12.2009, besides paying the rest of the amount as detailed in the letter.





    3. Complaint is dismissed in view of out of court settlement arrived at between the parties.



    4. All interim orders passed from time to time shall stand vacated forthwith.


    5. Learned counsel for the parties have undertaken to collect copy of this order free of cost from the Court Secretary as per Rules.

  2. #2
    Unregistered Guest

    Default Cheque was cashed after denying the loan

    Hi

    I applied for a loan with Indiabulls and it was denied. I gave a cheque of 5,515 Rs which is a processing fee. I was informed that my loan has been denied and after that my cheque was cashed out on 17-07-2010. As per law, till the time they dont approve the loan or give a sanction letter to the person, they cannot cash the cheque.The cheque number is ''504945''. I need my refund for this amount.


    Thanks & Regards
    Sonia Ahuja

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