Case nº Revision Petition No. 1425 of 2008 of National Consumer Disputes Redressal Commission, Monday August 11, 2014 (case Stock Holding Corporation of India Ltd. Vs Snehlata Agarwal)
| Judge | For Appellant: M.J.S. Rupal, Advocate and For Respondents: Party-in-Person |
| President | K.S. Chaudhari, J. (Presiding Member) and Vinay Kumar, Member |
| Resolution Date | Monday August 11, 2014 |
| Issuing Organization | National Consumer Disputes Redressal Commission |
Order:
K.S. Chaudhari, J. (Presiding Member)
This revision petition has been filed by the petitioner against the order dated 31.01.2008 passed by the U.P. State Consumer Disputes Redressal Commission, Lucknow (in short, 'the State Commission') in Appeal No. 2631 of 2002 - Stock Holding Corpn. of India Ltd. Vs. Smt. Snehlata Agarwal by which, while dismissing appeal, order of District Forum allowing complaint was upheld.
Brief facts of the case are that complainant/respondent opened Demat account in the name of M/s. Snehlata Agarwal and Bharat Kumar Agarwal in the office of the opposite party. On 25.7.2000, complainant deposited 500 shares of M/s. Antarkita Graphics Ltd. for Demat and after three months, OP informed complainant that Demat application of the complainant has been rejected by M/s. Antarkita Graphics Ltd. OP neither informed reasons for rejection, nor returned share certificates. In the meantime, prices of shares...
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