Supreme Court of India
M/s. Magma Fincorp Ltd. v. Rajesh Kumar Tiwari
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
For the reasons discussed above, the impugned orders of the National Commission, the State Commission and the District Forum, under the Consumer Protection Act, 1986 cannot be sustained and the same are set aside.
Judgment, page 58
From the headnote
Consumer Protection Act, 1986: ss.2(1)(r) and 12 – Complaint alleging unfair trade practice and deficiency in service – Against the appellant-financier, with whom the complainant had entered into hire-purchase agreement for purchase of a vehicle – Alleging that even though the complainant had paid 7 out of 35 instalments, the Financier took possession of the vehicle without notice and sold the vehicle refusing to concede to his request for opportunity to clear the outstanding instalments – Fora below allowed the complaint directing the financier to refund the instalments paid by the…
Authorities it was built on
- 2006 The Managing Director, Orix Auto Finance (india) Ltd. v. Shri Jagmander Singh and Anr
- 2012 Anup Sarmah v. Bhola Nath Sharma and Ors.
- 2007 Manager, Icici Bank Ltd. v. Prakash Kaur and Ors.
- 2011 Citicorp. Maruti Finance Ltd. v. S. Vijayalaxmi
- 2019 Union of India & Ors. v. Dr. O. P. Nijhawan & Ors.
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