NCDRC Rules Bank Of Baroda Responsible For Service Lapse For Not Notifying Joint Account Holder Prior To FDR Release

Order Date: Not Specified Order Name: Kamal Kumar Sajnani Vs. Branch Manager, Bank Of Baroda Case No.: F.A.No. 234/2017 The National Consumer Disputes Redressal Commission, led by Mr. Subhash Chandra and Dr. Sadhna Shanker, addressed a case involving fixed deposit receipts (FDRs) and the responsibilities of banks in joint accounts. The core issue was whether…

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NCDRC Finds DCB Bank Responsible for Fraudulent $53,000 Withdrawal from Customer’s Account

Order Date: 20th November 2024 Order Name: DCB Bank Limited Versus Ajoy Kumar Mehta & anr Case No.: First Appeal No. 694 of 2023 A/W 1 other The National Consumer Disputes Redressal Commission (NCDRC) recently made a significant decision involving DCB Bank. The case revolved around a retired Chartered Accountant who, along with his family,…

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NCDRC: A Home Purchaser Must Legally Accept Ownership Upon Receiving an “Occupation Letter”

Case Name: Unnamed Homebuyer vs Chintels India The National Consumer Disputes Redressal Commission, led by Justice Ram Surat Maurya and member Bharatkumar Pandya, recently ruled in favor of a builder, asserting that a homebuyer is legally bound to accept possession of a property once an occupation certificate has been issued. Failing to do so counts…

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Strict Adherence to Contract Terms Decides Insurer’s Responsibility, No Exceptions Permitted: NCDRC

The National Consumer Disputes Redressal Commission, guided by AVM J. Rajendra, has emphasized the importance of strict adherence to insurance contract terms, allowing no deviations. Case Background:   A policyholder bought a LIC Jivan Anand With Profits (With Accident Benefit) policy from an insurance company, with a coverage of Rs.2,00,00. After completing all necessary paperwork…

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ICICI Lombard General Insurance Co. Held Accountable by Karnal District Commission for Incomplete Health Insurance Disbursement

Order Name: Mr. Rakesh Kumar vs ICICI Lombard General Insurance Company Limited The District Consumer Disputes Redressal Commission in Karnal, Haryana, made a significant ruling recently where they found ICICI Lombard General Insurance Company Limited guilty of service deficiency. The bench, consisting of Jaswant Singh (President), Vineet Kaushik (Member), and Dr Suman Singh (Member), made…

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Delay in Conveyance due to alleged alterations in the Flats

Promoters and Builders hand over flats to the purchasers of the flats without OC and later pass on the blame for not getting OC to the purchasers – as due to alterations made by purchasers of the flats. And they delay the conveyance… This situation has been considered by the Maharashtra State Consumer Commission in…

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Gundecha Builders fined Rs. 1 crore by Bombay High Court

Christmas eve has brought bad news for Gundecha Builders….one of the top builders of Mumbai. On 23rd December 2015, Justice Mridula Bhatkar of the Bombay High Court settled a 36-year-old litigation initiated by one Shivram Shinde (since deceases) who claimed he was in “adverse possession” of the land since 1944. Gundecha Builders joined the litigation later, saying it had…

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Commercial Purchase Warranty Doesn’t Turn It Into a Consumer Deal: NCDRC

Order Name: Telco Construction Equipment Co. Ltd Vs. Stone International Pvt. Ltd. & Ors Case No.: F.A. No. 396/2011 In a case involving Telco Construction and Stone International Pvt. Ltd., the National Consumer Disputes Redressal Commission (NCDRC) overruled a previous judgment given by the state commission. The NCDRC, led by Subhash Chandra and Sadhna Shanker,…

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