A. P. STATE CONSUMER DISPUTES REDRESSAL COMMISSION : ATHYDERABAD
FA 897/2012 .
Between :
AdapalaS/oR/oVijayawda
And
1. Surya Financiers, rep. by its Proprietor,
M.D. No. 41-1-10-3,
1st
Krishna
2. M.
D. No. 41-1-10-3, 1stKrishna
Counsel for the Appellant
Counsel for the Respondents
FA 57//2013
Between :
1. Surya Financiers, rep. by its Proprietor,
M.
1st
Krishna
2. M.
D. No. 41-1-10-3, 1stKrishna
And
AdapalaS/oOwner of Lorry bearing No.
R/o
Counsel for the Appellants
Counsel for the Respondent
Coram
And
Wednesday, the Twenty Fourth Day of July
Two Thousand Thirteen
****
1. These are cross appeals i.e., FA 897/2012 and FA 57/2013 preferred by the complainant and the opposite parties respectively
2. The brief facts of the
3..OPs st
4.
5.
6.
7.
8.
9.
Forum is
10.The case of the complainant is that he availed loan of Rs.7 lakhs from the Ops under Ex A-1= B-1 agreement of hypothecation and loan stnd
11.The main grievance of the complainant is that the Ops seized the vehicle without prior notice on 21.10.2011 whereas the contention of the Ops is that vide Ex. B4 letter
12.Clause 6 of the Ex. B-1 agreement of hypothecation and loan
13. The
Suryapalsingh.
“Under the Hire Purchase agreement, it is the financier who is the owner of the vehicle and the person who takes the loan
14.
15. The
“It is not disputed before is that the petitioner had raised a loan of Rs.6
- Relying upon the said decisions, the
- The complainant had to pay arrears till 21.10.2011 additional interest on overdue up to the said date. Material on record discloses that six
- In the result, , the appeal filed by the complainant in FA 897/2012 Consequently the complaint stands dismissed. There shall be no order as to costs.
