Kailash Chandra Kathua v Urban co-operative Bank

OFFICE OF THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, JAGATSINGHPUR

PRESENT:-   SRI S.N.MISHRA,PRESIDENT.

A N D

SRI   B.C. SWAIN, MEMBERS.

MRS. M.M.RATH, MEMBERS.

Consumer Complaint No.155 of 2008

Date of Filing: -24.12.2009

Date of Judgment: -29.06.09

Kailash Chandra Kathua

s/o-Dhruba charan Kathua

Jyoti Ice cream

At-Panisalia

Po/Dist-Jagatsinghpur

…………………….complainant

Versus

1.     Branch Manager

The Urban co-operative Bank Ltd,

Jagatsinghpur

At-Durgabazar

Po/Dist-Jagatsinghpur

2.     Chief Executive

The urban co-operative  bank ltd,

Cuttack

Tinikonia bagicha

Cuttack

…………………….Opp.party

For complainant :-  Sri S.K.Mohanty  , Advocate

For O.P.No.1 & 2 :- Sri P.K.Mohanty, Advocate

In short the case of the complaint is that he has availed a term loan worth Rs.5 lakhs dt. 24.01.03 vide A/c No.SBL-2312 from o.p.no.1 to run an Ice cream  factory. He has repaid Rs.2,87,145/- and could not pay  rest of loan due to price hike of disel and petrol  for which the o.p.no.1 bank has seized his Ambasador car (OR-05-k-0115) and put it to  auction for Rs.1,20,000/-  to get the sum be realized towards recovery of loan. Besides such payments the complainant is also paying Rs.6,000/- per month towards liquidation  of loan but the o.ps. are illegally demanding  Rs.3,45,021/- and threatening its collection by use of force  hence this complaint.

In short the case of the o.ps. is that this proceeding is not maintainable in law and facts being  barred by law of limitation and hit  under principles  of waiver and acquiescence and estoppels and based on no evidence on record  besides , hit U/s.68 and 121 of OCS Act 1962. Admitting complainant’s loan it is  submitted that the assets mortgaged in relation to loan are voluntarily  surrendered for liquidation of loan as complainant failed to make repayment on account of his domestic problems. It is further submitted that a sum of Rs.2,73,719/- as on 31.03.09  besides  Rs.15,173/- remained unpaid as loan outstanding against complainant’s loan account as such o.p.bank being  custodian of public money can not sit silent to take  recourse for realization of the same, as such , no    deficiency in service ever been caused to complainant by answering o.p. so as to be ameable within meaning of this Act.

Under such admitted pleadings of both the parties it can not but be said  that complainant as  a loanee with o.p.bank has not hired it’s services for consideration as such not coming  within meaning of this Act. The  submission of the o.ps. that this  proceeding is hit U/s.68 and 121 of OCS Act 1962 is  not acceptable as this special Act has got authority to scrutinize deficiency in service which has been  hired for consideration. To make out a case U/s.2(1)(g)  & (o)  read with 2 (1) ( r )  of the Act against o.ps. bank  the sole reliance of complainant rests on some payment  slips which is not adequate on the contrary the o.p. bank seems to have  placed all relevant evidence to support their respective rebuttal please , out of which  it is revealed that the complainant under took to repay Rs.16,000/- before 10th of every month since  inception of availing loan of Rs.5 lakhs but found to be chronic defaulter. So also complainant and his wife both have furnished deed of guarantee in presence of witnesses to  liquidate the loan in time but found failed to keep their commitment in all respect. Out of joint affidavit furnished before o.p.bank by complainant and his wife it is revealed that the Ambasador car,  along with some of KVPS are also  pledged  by both of them  to avail the loan. Out of softener slip of one  uttara Khatua W/o. complainant dtd.21.04.07 it is revealed that  she has surrendered the car to O.P. for realization of  loan of dtd. 24.01.03 but it has not been seized by o.p. bank as alleged. It is further revealed  that vide letter dtd. 06.06.07 the o.p.bank has asked said Uttara Khatua to  provide necessary documents and papers relating to said  car for fair  disposal. Therefore it can not be said that the car has been sold. So also it is not known whether  the complainant submitted the required papers as sought for.  A sum of Rs.2,73,719/- besides  Rs.15,173/- (para-11 of written version page-2) as is remaining outstanding against loan of complainant that must be repaid to the  o.p.bank in order to get the mortgaged properties be released. Under such premises, the  action taken by O.P. Bank to recover the loan which is a public money can not  be held to be either capricious, or, without any authority  but in terms of agreement available on record, as such  the ingredients U/s.2(1) (g) & ( o ) read with 2(1) ( r ) of the Act are not attracted against o.p.bank . it is up to complainant to pursue the matter amicably with o.p.bank to settle the dispute, hence this complaint gets no merit for consideration.

ORDER

In the result this complaint is dismissed on contest against opposite parties without cost.

Pronounced in the open forum on 29th day of June,2009.

Smt.M.M.Rath            B.C.Swain                     S.N.Mishra

MEMBER                  MEMBER                     PRESIDENT

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