BEFORE THE A.P.STATE CONSUMER DISPUTES REDRESSAL COMMISSION: ATHYDERABAD.
F.A.No. 59
Between
1.
2. Park Road,Kurnool
Appellants/opposite parties
M.Gnaneshwar Reddy S/o Narayan Reddy
aged 46 years, Occ: Agriculture
R/oKothakuntapallyVillage, Lingal Mandal,
Mahabugnagar Dist.
Respondent/complainant
Counsel for the Appellant
Counsel for the Respondent
QUORUM:
&
1.
2. `3,94,500/- commencing from 29.4.2006 to 29.10.2008.
3. `20,000/- towards compensation besides seeking a direction for return of five blank cheques as also for return of the tractor.
4. `97,250/- and proceeded to reposes the vehicle on 29.12.2007. `2,19,000/- which was credited to the loan account of the respondent and still the respondent
5.
6. `96,687/- with interest @24% per annum
7.
8.
1) Whether the repossession of the vehicle by the appellants is valid.?
2) Whether the sale of the vehicle was conducted in accordance with the procedure laid therefor.
3) To what relief?
9. `3 lakh from the appellants on 29.10.2005. `3,94,500/- is repayable in six equated half yearly intalments commencing from 29.4.2006 and concluding on 29.10.2008.
10.
11.
12.
14. `3,15,000/- and despite the fact she claimed for return of the vehicle stating that she was ready to pay the installments as agreed and in the alternative she had claimed the balance amount due after settlement of her account. `3,15,000/-. `3,15,000/-. `5,34,352/- out of which the complainant has obtained financial assistance of`3 lakhs from the opposite party and paid the balance amount. `3,15,000/-. `3,15,000/-.
15. `3,15,000/- but he has not brought on record any evidence in this regard.
15. `2,37,415/- towards margin money of `6600/- towards expenditure for availing loan and`1,000/- towards costs is set aside.
13. `3,60,850/- which is not sustainable as it had included the first instalment amount of`65,750/-. The amount of`3,60,850/- if considered as reasonable, the respondent was found due`3,82,163/-.
In the result the appeal disposed of accordingly.
KMK*
