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Mutual Fund

Latest Judgments

Total 175 Consumer Court Cases Against Mutual Fund.

Himachal Pradesh

SBI Mutual Fund V/S Yash Pal

Sbi   Mutual Fund  

Court Name: Kangra

Appelant Advocate Sh. Pankaj Jamwal

Respondant Advocate

Case Number: 275

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Date of Filing: 06-10-2023

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Date of Upload: 23-02-2024

Maharashtra

NIPPON INDIA MUTUAL FUND MUMBAI V/S MR HEMANT KUMAR RAMCHARAN SINGH

Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate GEETA SINGH

Respondant Advocate

Case Number: 18

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Date of Filing: 25-10-2018

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Date of Upload: 16-02-2024

Maharashtra

NIPPON INDIA MUTUAL FUND MUMBAI V/S MR HEMANT KUMAR RAMCHARAN SINGH

Mutual Fund  

Court Name: DCF, South Mumbai

Appelant Advocate GEETA SINGH

Respondant Advocate

Case Number: 19

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Date of Filing: 15-01-2019

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Date of Upload: 16-02-2024

Bihar

Sri Akhileshwar Pandey V/S Unit Trust of India, Mutual Fund & others

Mutual Fund  

Court Name: StateCommission

Appelant Advocate

Respondant Advocate

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, BIHAR, PATNAFINAL ORDERFirst Appeal No. A/386/2013( Date of Filing : 01 Oct 2013 )(Arisen out of Order Dated in Case No. of District )1. Unit Trust of India, Mutual Fund & othershaving its Registered (Corporate Office) at UTI TOWER, G...

Case Number: 386

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Date of Filing: 01-10-2013

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Date of Upload: 07-02-2024

Delhi

MESHI VERMA & ORS. V/S SBI MUTUAL FUND & ORS.

Sbi   Mutual Fund  

Court Name: StateCommission

Appelant Advocate

Respondant Advocate

Case Number: 1927

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Date of Filing: 21-08-2023

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Date of Upload: 01-02-2024

Delhi

J.M.FINANCIAL MUTUAL FUND V/S KULDEEP SINGH

Mutual Fund  

Court Name: North West

Appelant Advocate SWARAN SINGH

Respondant Advocate

DISTRICT CONSUMER DISPUTE REDRESSAL COMMISSION, NORTH-WEST GOVT. OF NCT OF DELHICSC-BLOCK-C, POCKET-C, SHALIMAR BAGH, DELHI-110088.Complaint Case No. CC/147/2011( Date of Filing : 02 Mar 2011 )1. KULDEEP SINGH1319,PUNJABI BAGH EXTN.,NEW DELHI-110026...........Complainant(s)Versus...

Case Number: 147

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Date of Filing: 02-03-2011

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Date of Upload: 02-08-2023

Delhi

LENOVO (INDIA) PVT.LTD. V/S WEALTH DIRECT MUTUAL FUND DISTRIBUTOR PVT.LTD.

Lenovo   Mutual Fund  

Court Name: North West

Appelant Advocate

Respondant Advocate

DISTRICT CONSUMER DISPUTE REDRESSAL COMMISSION, NORTH-WEST GOVT. OF NCT OF DELHICSC-BLOCK-C, POCKET-C, SHALIMAR BAGH, DELHI-110088.Complaint Case No. CC/157/2023( Date of Filing : 06 Mar 2023 )1. WEALTH DIRECT MUTUAL FUND DISTRIBUTOR PVT.LTD.PREVIOUSLY WEALTHDIRECTE PORTFOLIO PVT...

Case Number: 157

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Date of Filing: 06-03-2023

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Date of Upload: 15-04-2023

Delhi

AXIS MUTUAL FUND V/S VIJAY KUMAR GULATI

Mutual Fund  

Court Name: West Delhi

Appelant Advocate

Respondant Advocate

BEFORE THE DISTRICT CONSUME DISPUTE REDRESSAL COMMISSION-III,WEST DISTRICT, C-150-151, COMMUNITY CENTRE, JANAKPURI,NEW DELHICC No.228/2020Vijay Kumar GulatiS/o Shri K.K.Gulati108C, Sundar Apartment, Paschim ViharNew Delhi ………..ComplainantVERSUSAxis Mutual Fu...

Case Number: 20

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Date of Filing: 07-11-2020

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Date of Upload: 27-07-2022

West Bengal

SBI MUTUAL FUND V/S MRS. GITA BHAGAT

Sbi   Sbi   Mutual Fund  

Court Name: Siliguri

Appelant Advocate

Respondant Advocate

None appears .Today has been fixed for admission hearing of the complainant. None appears for complainant and no step is taken also., It appears from record that since after filing of the complainant. No one has appeared to more the compliant. Hence let the consumer complainant c...

Case Number: 21

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Date of Filing: 22-02-2022

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Date of Upload: 27-06-2022

Orissa

The Branch Manager, UTI Mutual Fund V/S Sarat Chandra Acharya (Advovate)

Mutual Fund   Uti Mutual Fund  

Court Name: Koraput

Appelant Advocate Sri N. C. Mohanty

Respondant Advocate None

DISTRICT CONSUMER DISPUTE REDRESSAL FORUM ,KORAPUT AT JEYPORE-764004Complaint Case No. CC/46/2018( Date of Filing : 20 Apr 2018 )1. Sarat Chandra Acharya (Advovate)KoraputKoraputOdisha...........Complainant(s)Versus1. The Branch Manager, UTI Mutual FundDharma Nagar, BerhampurGanj...

Case Number: 46

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Date of Filing: 20-04-2018

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Date of Upload: 29-06-2022

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Common FAQ

Question : Am I eligible to file case against Mutual 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 Mutual Fund ?

Answer : A complaint may be made against Mutual 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.