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Mutual Fund

Latest Judgments

Total 175 Consumer Court Cases Against Mutual Fund.

NCDRC

UTI MUTUAL FUND & ANR. V/S SUNJOY PODAAR

Mutual Fund   Uti Mutual Fund  

Court Name: NCDRC

Appelant Advocate IN PERSON

Respondant Advocate MR. PARVEEN K. MEHDIRATTA

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSIONNEW DELHI REVISION PETITION NO. 2588 OF 2011(Against the Order dated 29/04/2011 in Appeal No. 561/2010 of the State Commission West Bengal)1. SUNJOY PODAARA-104 Garden Estate Lakashmi Nagar, Mahakali Mandir Road, Link Road, Goregoan ...

Case Number: 2588

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Date of Filing: 01-08-2011

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Date of Upload: 20-05-2016

Uttar Pradesh

Ram Narain Yadav V/S Badri Pd Kedar Nath Mutual Fund

Mutual Fund  

Court Name: StateCommission

Appelant Advocate Vivek Gupta

Respondant Advocate

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010First Appeal No. A/2008/1895(Arisen out of Order Dated in Case No. of District )1. Badri Pd Kedar Nath Mutual Fund a...........Appellant(s)Versus1. Ram Narain Yadava...

Case Number: 2008

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Date of Filing: 03-10-2008

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Date of Upload: 01-02-2017

Haryana

Reliance Mutual Fund V/S Prem Sagar s/o Rameshwar Dass Garg,

Mutual Fund  

Court Name: Yamunanagar

Appelant Advocate P.K Punia

Respondant Advocate Atul Pandey

BEFORE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, NEAR MINI SECTT. YAMUNA NAGAR AT JAGADHRI.Complaint Case No. CC/15/20141. Prem Sagar s/o Rameshwar Dass Garg,& Km stone Chhachhrauli road, VPO Udhamgargh, Jagadhri, 135003, Distt. Yamuna Nagar............Complainant(s)Versus1. Re...

Case Number: 15

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Date of Filing: 08-01-2014

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Date of Upload: 28-04-2016

West Bengal

Chairman, ICICI Prudential Mutual Fund Company V/S Sandip Khan

Mutual Fund   Icici  

Court Name: Kolkata-II(Central)

Appelant Advocate Abhik Kumar Das

Respondant Advocate

DISTRICT CONSUMER DISPUTES REDRESSAL FORUMKOLKATA UNIT - II.8-B, NELLIE SENGUPTA SARANI, 7TH FLOOR,KOLKATA-700087.Complaint Case No. CC/207/20151. Sandip Khan5/2, Kali Prasad Chakrabarty Lane, Kadamtala, Dist. Howrah, PIN-711101............Complainant(s)Versus1. Chairman, ICICI P...

Case Number: 207

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Date of Filing: 07-05-2015

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Date of Upload: 02-11-2015

West Bengal

ICICI Prudential Mutual Fund Company V/S Sandip Purkait

Mutual Fund   Icici  

Court Name: Kolkata-II(Central)

Appelant Advocate Koyeli Mukhopadhyay

Respondant Advocate

DISTRICT CONSUMER DISPUTES REDRESSAL FORUMKOLKATA UNIT - II.8-B, NELLIE SENGUPTA SARANI, 7TH FLOOR,KOLKATA-700087.Complaint Case No. CC/194/20151. Sandip Purkait4/11/1 Abhay Pada Kundu Lane, Kadamtala , Howrah-711101, West Bengal............Complainant(s)Versus1. ICICI Prudential...

Case Number: 194

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Date of Filing: 29-04-2015

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Date of Upload: 02-11-2015

West Bengal

Chairman, ICICI Prudential Mutual Fund Company V/S Sujit Khan

Mutual Fund   Icici  

Court Name: Kolkata-II(Central)

Appelant Advocate Koeli Mukhopadhyay

Respondant Advocate

DISTRICT CONSUMER DISPUTES REDRESSAL FORUMKOLKATA UNIT - II.8-B, NELLIE SENGUPTA SARANI, 7TH FLOOR,KOLKATA-700087.Complaint Case No. CC/193/20151. Sujit Khan5/2, Kali Prasad Chakrabarty Lane, Kadamtala, Howrah-711101............Complainant(s)Versus1. Chairman, ICICI Prudential Mu...

Case Number: 193

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Date of Filing: 29-04-2015

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Date of Upload: 02-11-2015

Uttar Pradesh

Gulsan Khatoon V/S Pooja Mutual Fund

Mutual Fund  

Court Name: StateCommission

Appelant Advocate A K Pandey

Respondant Advocate

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UPC-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010First Appeal No. A/1998/2564(Arisen out of Order Dated in Case No. of District )1. Pooja Mutual Fund a...........Appellant(s)Versus1. Gulsan Khatoona...........Respo...

Case Number: 1998

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Date of Filing: 22-02-1998

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Date of Upload: 03-03-2016

Punjab

Bank of India Mutual Fund V/S Pran Mittal S/o Des Raj

Bank Of India   Bank Of India   Mutual Fund  

Court Name: Jalandhar

Appelant Advocate Amritpal Singh

Respondant Advocate

District Consumer Disputes Redressal Forum Ladowali Road, District Administrative Complex,2nd Floor, Room No - 217 JALANDHAR (PUNJAB) Complaint Case No. CC/454/20141. Pran Mittal S/o Des RajR/o village Kalayanpur JalandharPunjab...........Complainant(s)Versus1. Bank of India Mutu...

Case Number: 454

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Date of Filing: 30-12-2014

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Date of Upload: 07-09-2015

Uttar Pradesh

S. B. I. Mutual Fund V/S Vinay Kumar

Mutual Fund  

Court Name: Varanasi

Appelant Advocate

Respondant Advocate

District Consumer Disputes Redressal Forum, Varanasi, U.P.Room No. 10, P.C.F. Plaza Building, Mint House Nadesar, Varanasi, U.P.Complaint Case No. CC/212/20061. Vinay KumarJ. 12/16-A, Ram Katora, Varanasi...........Complainant(s)Versus1. S. B. I. Mutual Fund191, Maker Tower, Cuff...

Case Number: 212

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Date of Filing: 02-09-2006

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Date of Upload: 10-08-2015

Punjab

Kotak Mahindra Mutual Fund V/S Manjit Singh Kandola S/o S Gurdas Singh

Mutual Fund   Kotak  

Court Name: Jalandhar

Appelant Advocate Sh V.K. Sareen

Respondant Advocate

District Consumer Disputes Redressal Forum Ladowali Road, District Administrative Complex,2nd Floor, Room No - 217 JALANDHAR (PUNJAB) Complaint Case No. CC/28/20151. Manjit Singh Kandola S/o S Gurdas SinghR/o Village Happowal,Tehsil Banga,now known as Shaheed Bhagat Singh NagarNa...

Case Number: 28

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Date of Filing: 30-01-2015

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Date of Upload: 05-08-2015

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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.