Prolonged litigation, low compensation
Business Standard|January 06, 2025
Bahadur Singh purchased a Mitsubishi Lancer diesel vehicle manufactured by Hindustan Motors.
JEHANGIR B GAI
Prolonged litigation, low compensation

It was purchased for ₹9,32,829 from Northern Motors Pvt. Ltd., an authorised dealer.

Within a few months of purchase, while Singh was driving the vehicle on January 7, 2005, he noticed noise and excessive fuel consumption. He sent the vehicle to the dealer to address these defects, as it was within the warranty period.

The dealer attended to the vehicle, but the same defects kept recurring, requiring repeated repairs. On June 21, 2005, the vehicle came to an abrupt halt due to engine seizure. It had to be towed. Since the defects persisted even after two engine overhauls, the vehicle remained parked with Northern Motors.

Singh first approached the District Consumer Commission, which ordered the replacement of the car with a new defect-free vehicle. Additionally, the dealer was directed to pay ₹50,000 as compensation.

Bu hikaye Business Standard dergisinin January 06, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin January 06, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE LONG ROAD TO DATA PROTECTION
Business Standard

THE LONG ROAD TO DATA PROTECTION

The DPDP Act comes with a long gestation period. What does that mean for its efficacy?

time-read
5 dak  |
January 07, 2025
Tata Punch tops '24 sales charts, ends Maruti's 40-year reign
Business Standard

Tata Punch tops '24 sales charts, ends Maruti's 40-year reign

For the first time in four decades, a non-Maruti Suzuki India car has topped the list of India's best-selling cars. In 2024, the Tata Punch, a sub-compact sport utility vehicle (SUV), became the highest-selling vehicle by delivering 202,030 units.

time-read
1 min  |
January 07, 2025
Business Standard

Isro marks milestone as cowpea seeds take root in space

Cowpea seedlings onboard PSLV-C60 POEM-4 module sprout their first leaves in space, signifying a milestone in space-based plant research, Isro said on Monday.

time-read
1 min  |
January 07, 2025
India reports 5 HMPV cases; govt says no need to panic
Business Standard

India reports 5 HMPV cases; govt says no need to panic

India on Monday reported at least five cases of Human Metapneumovirus (HMPV), which causes respiratory illness and was recently identified in China and Malaysia.

time-read
1 min  |
January 07, 2025
Business Standard

US 30-Year Bond Yield Highest Since 2023

US Treasuries slumped, lifting the yield on 30-year bonds to the highest since late 2023, as a rattled market prepares for $119 billion of fresh government debt issuance this week.

time-read
1 min  |
January 07, 2025
Business Standard

Indian Bond Index Inflows May Lag Estimates: Morgan Stanley

Indian bonds included last year in a key global benchmark will fail to draw as much money as previously estimated, according to Morgan Stanley.

time-read
1 min  |
January 07, 2025
Business Standard

Select factor fund based on conviction, risk appetite

Ajay Singh (name changed on request), a 35-year-old Noida-based lawyer, plans to invest in factor (or smart-beta) funds in 2025.

time-read
2 dak  |
January 07, 2025
Jubilant FoodWorks Hits 52-Week High
Business Standard

Jubilant FoodWorks Hits 52-Week High

Brokerages Offer Mixed Outlook After Strong Q3 Showing

time-read
2 dak  |
January 07, 2025
Business Standard

Quadrant Future Tek secures ₹131 cr from anchor investors

Quadrant Future Tek on Monday garnered ₹130.5 crore from anchor investors ahead of its initial public offering (IPO).

time-read
1 min  |
January 07, 2025
Sebi Eases Fund Settlement Norms for Dormant A/Cs
Business Standard

Sebi Eases Fund Settlement Norms for Dormant A/Cs

The Securities and Exchange Board of India (Sebi) on Monday relaxed settlement norms for brokerage accounts remaining inactive for more than 30 days.

time-read
1 min  |
January 07, 2025