Cholamandalam Investment and Finance and 2 others V/S Jayanna Naika - Consumer Court Case

Karnataka

Mysore

CD/04/15

Jayanna Naika - Complainant(s)

Versus

Cholamandalam Investment and Finance and 2 others - Opp.Party(s)

29 Jul 2004

ORDER

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM MYSORE
No.845, 10th Main, New Kantharaj Urs Road, G.C.S.T. Layout, Kuvempunagar, Mysore - 570 009
consumer case(CC) No. CD/04/15

Jayanna Naika						...........Appellant(s)
Vs.
Cholamandalam Investment and Finance and 2 others						...........Respondent(s)

BEFORE:

Complainant(s)/Appellant(s):

OppositeParty/Respondent(s):

ORDER

Complaint is partly allowed. Complainant is drected to pay an amount of Rs.2500/- (Rounded) to O.P.1 through demand draft, and O.P.1 is directed to receive the same in full satisfaction of his claim and issue proper letter of discharge addressed to the RTO for removal charge of hypothecation in the R.C.Book. If O.P.s fails to issue such discharge letter within a period of one month from the dtae of the receipt dof the such intimation, the charge should be legally deemed as discharged, and the concerned RTO shall delete the entry of hypothecation from the R.C.book on the basis of this order. Parties to bear the costs.

Complaint is partly allowed.<br /> Complainant is drected to pay an amount of Rs.2500/- (Rounded) to O.P.1 through demand draft, and O.P.1 is directed to receive the same in full satisfaction of his claim and issue proper letter of discharge addressed to the RTO for removal charge of hypothecation in the R.C.Book.<br /> If O.P.s fails to issue such discharge letter within a period of one month from the dtae of the receipt dof the such intimation, the charge should be legally deemed as discharged, and the concerned RTO shall delete the entry of hypothecation from the R.C.book on the basis of this order. Parties to bear the costs.