Legal Question in Consumer Law in India

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08.02.2013

Dear Sir / Madam,

(Daria / Kishangarh / Manimajra, Chandigarh, Punjab)

The bank manager is trying to pull a faster one on you saying that the difference is fluctuation in the market.

Your prompt action in the matter is well appreciated. Whenever you make a grievance redressal in the Consumer Court, you should simultaneously specify the claim amount as :

1. the wrongful deduction of Rs. 1,500/- plus;

2. interest loss @ 13.99% per annum (prevailing rate of interest on personal loan) from the date of clearing of the cheque to the date of receipt of the refund cheque on the amount which works out to Rs. 1,748.75 ps plus;

3. ancillary expenses minimum of Rs. 5,000/- incurred by you to obtain the policy, and the other fees paid to your counsel.

The total claim works out to approximately Rs. 8,248.75 ps.

Regards,

FCA Prashant Chavan

Mumbai

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