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Chit Fund


Latest Judgments

Total 917 Consumer Court Cases Against Chit Fund.

Andhra Pradesh

M/s. Sri Acyuta Chit Funds Pvt., Ltd V/S K. Syam

Chit Fund  

Court Name: Guntur

Appelant Advocate B.M.S.DURGA PRASAD

Respondant Advocate B.B. VISWANADHA REDDY - OPS 1 & 2

Case Number: 66

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Date of Filing: 20-04-2021

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Date of Upload: 11-09-2023

Telangana

SRI SAI THIRUMALA CHIT FUND INDIA PVT LTD V/S P.GOUTHAM REDDY

Chit Fund  

Court Name: Warangal

Appelant Advocate Mr.B.RAM MOHAN

Respondant Advocate Mr.T.SRIDHAR

Case Number: 7

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Date of Filing: 01-03-2023

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Date of Upload: 11-09-2023

Telangana

SHUBANANDINI CHIT FUNDS V/S N.YADAGIRI

Chit Fund  

Court Name: Warangal

Appelant Advocate Mr.MD.SARWAR ALI

Respondant Advocate

Case Number: 94

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Date of Filing: 03-07-2023

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Date of Upload: 11-09-2023

Telangana

ACHALA CHIT FUND PVT LTD V/S N.NARAYANA

Chit Fund  

Court Name: Warangal

Appelant Advocate Mr.Y.SREE RAGHAVA RAO

Respondant Advocate

Case Number: 151

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Date of Filing: 22-12-2022

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Date of Upload: 29-08-2023

Andhra Pradesh

Venkataraya Chit Funds Private Limited V/S Motepalli Krishna Veni

Chit Fund  

Court Name: West Godavari

Appelant Advocate AJMR

Respondant Advocate PPCj

Case Number: 119

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Date of Filing: 01-10-2012

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Date of Upload: 18-08-2023

Telangana

M/S. SHUBHANANDINI CHIT FUNDS PVT.LTD., REP.BY ITS MANAGING DIRECTOR CUM CHAIRMAN V/S Y.RAJU, S/O Y.KOTARI

Chit Fund  

Court Name: Medak

Appelant Advocate Sri K.Rukma Reddy

Respondant Advocate

Case Number: 47

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Date of Filing: 28-06-2022

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Date of Upload: 22-08-2023

Telangana

Mekala Sai Chandra Chit Fund I Pvt Ltd,rep by its Managing Director V/S Ch Sathish Reddy

Chit Fund  

Court Name: Rangareddi

Appelant Advocate Gopi Rajesh & Associates

Respondant Advocate C Rajeshwar Reddy

Case Number: 207

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Date of Filing: 14-06-2019

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Date of Upload: 12-09-2023

Telangana

Mekala Sai Chandra Chit Fund I Pvt Ltd,rep by its Managing Director V/S Ch Annapurna

Chit Fund  

Court Name: Rangareddi

Appelant Advocate Gopi Rajesh & Associates

Respondant Advocate C Rajeshwar Reddy

Case Number: 206

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Date of Filing: 14-06-2019

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Date of Upload: 12-09-2023

Telangana

ACHALA CHIT FUND PVT LTD V/S A.MADAN MOHAN RAO

Chit Fund  

Court Name: Warangal

Appelant Advocate Mr.B.RAM MOHAN

Respondant Advocate Mr.G.RAJKUMAR-OP1&2

Case Number: 150

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Date of Filing: 20-12-2022

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Date of Upload: 29-08-2023

Andhra Pradesh

M/s Sri Hanuman Chit Funds V/S Chalamalasetty Srinivasa Rao

Chit Fund  

Court Name: Krishna at Vijaywada

Appelant Advocate Chalamalasetty Srinivasa Rao

Respondant Advocate

Case Number: 4

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Date of Filing: 28-01-2023

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Date of Upload: 14-08-2023

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Common FAQ

Question : Am I eligible to file case against Chit Fund in Consumer Forum?

Answer : If you have purchased a product or avails any service, either for your personal use or to earn your livelihood by means of self-employment.

Question : When I can fill a complaint against Chit Fund ?

Answer : A complaint may be made against Chit Fund under the following circumstances:
1 : Loss or damage is caused to the consumer due to unfair or restrictive trade practice.
2 : the article purchased by you is defective.
3 : the services availed of by you suffer from any deficiency.
4 : charged more then MRP
5 : Goods or services, which will be hazardous to life and safety, when used, are being offered for sale to the public.

Question : Is there any exemption from payment of Court Fee?

Answer : The complainants who are Below the Poverty Line shall be entitled for the exemption of payment of fee for complaints upto rupees one lakh on production of an attested copy of the Antyodaya Anna Yojana card.

Question : What are the Reliefs available to Consumers?

Answer : The reliefs available are :
1 : Removal of defects from the goods
2 : Replacement of the goods
3 : Refund of the price paid.
4 : Removal of defects or deficiencies in the services
5 : Award of compensation for the loss or injury suffered;
6 : Discontinue and not to repeat unfair trade practice or restrictive trade practice;
7 : To withdraw hazardous goods from being offered for sale;
8 : To cease manufacture of hazardous goods and desist from offering services which are hazardous in nature;
9 : If the loss or injury has been suffered by a large number of consumers who are not identifiable conveniently, to pay such sum (not less than 5% of the value of such defective goods or services provided) which shall be determined by the forum;
10 : To issue corrective advertisement to neutralize the effect of misleading advertisement;
11 : To provide adequate costs to parties.