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pushpakrishna (Querist) 18 December 2019 This query is : Resolved
A bank given a loan for tractor for agriculture purpose and with in a few days troubled and approached the bank and dealer. Later filed a complaint before the consumer forum and the forum given rs.15000.for recognising the repairs but not ordered for cost of the tractor.due to mind of this complaint in the consumer forum the bank all of a sudden came and seized the vehicle with out any notice or endorsement.
When the person went to the bank for paynent the bank given a presale notice .with out notice for recovery of loan or sending the cheques to the bank which the bank collected at the time of loan the tractor sold when the same asked they shown a PRIVATE COURIER receipt with out endorsement of the loanee. Even court also considered this and the case filed for compensation by the loanee dismissed.
Hence notice by registered post only considered.
Basing on this kindly advice on this.

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Raj Kumar Makkad (Expert) 19 December 2019
This is an unfair trade practice on the part of the bank. File a consumer complaint on the facts of the case.

Guest (Expert) 19 December 2019
Mr.Rajkumar Makkad please legally Justify your statement in what way such " Consumer Complaint " as mentioned by you would legally serve any purpose

Guest (Expert) 19 December 2019
Mr Rajkumar Makkad please do not spoil the decorum of this Forum

Guest (Expert) 19 December 2019
Mr.Pushpakrishna it is your self who had selected the Vechicle and if it is Newly bought you should sort of this issue of repairs with the manufacturer only thro dealer from whom you have bought it.

Guest (Expert) 19 December 2019
If it is second hand you have to sort it out with the seller only.

Guest (Expert) 19 December 2019
When you are a defaulter of the Bank Loan there is no need for the Bank to oblige you for repairs expenses

Guest (Expert) 19 December 2019
The Concerned Court is very much Right in the Dismissal of earlier orders

Guest (Expert) 19 December 2019
Better to sort it out amicably by discussing with Bankers

Sankaranarayanan (Expert) 19 December 2019
seems you had fault of repayment,, you are not disclosed that points.Non of banks seize the assets without any reasons. So you need to clarify the same .

T. Kalaiselvan, Advocate (Expert) 28 December 2019
If you are aggrieved by the decision of the consumer forum on this then you may prefer an appeal before the state commission.
However ascertain the facts and the genuineness of the case before planning to prefer an appeal.

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