9911796707
TMI Blog1993 (11) TMI 172X X X X Extracts X X X X X X X X Extracts X X X X ..... seeking further raise in quantum of relief had any merit or adequate foundation in absence of meaningful evidence led by them to establish precise quantum of their claim - Held, no - F.A. NO. 361 OF 1993 - - - Dated:- 22-11-1993 - JUSTICES S. SANDHAWALIA, PRESIDENT MRS.BASANTI DEVI AND S.KULWANT SINGH, MEMBERS M.S. Guglani and V.K. Mehta for the Complainants. ORDER Sandhawa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ixt the face value price of Rs. 10 and also compensation for the alleged mental depression and harassment. 3. On notice being issued the respondents - Unit Trust of India and Datamatics somewhat briefly took the stand that applied for unit certifi-cates have been duly despatched to the appellants on 22-2-1993 and must have been received by the appellants. 4. Before the District Forum it wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the relief granted and as such the present appeal has been preferred seeking a further rise in the quantum thereof allowed by the order under appeal. Mr. M.S. Guglani somewhat persistently contended that on the basis of the fluctuations on the stock exchange with regard to the price of the units the appellants are entitled to a differential amount at the highest rate of Rs. 16 therefor, and also f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l claim that the alleged highest price of Rs. 16 be made basis of the award of compensation. It would appear that no meaningful evidence worth the name were at all led on behalf of the appellant to establish the precise quantum of the claim. 8. The learned counsel's reliance on sections 73 and 113 is equally vain and untenable. Though we do not give any final opinion, it appears a doubtful pre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n that if the complainant had purchased the debentures for resale, the transaction could be for a commercial purpose and therefore he would not even be a consumer as defined under section 2(1)( d )( i ) of the Consumer Protection Act, 1986. 10. For the foregoing reasons, there is no merit in this appeal which is hereby dismissed. However, we decline to burden the appellants with any costs bec ..... X X X X Extracts X X X X X X X X Extracts X X X X
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