Legal Question in Consumer Law in India

Dividend not received.

I am shareholder of allahabad bank. Each and every year I have to write to CMD and Registrat and struggle a lot for it.

This year also I have written to them but received neither dividend nor any reply. I had applied of ECS payment and got confirmation but of no use.

In above case may I go to consumer court against both of them ? What step should I take into the matter.


Asked on 7/06/09, 9:11 am

2 Answers from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Dividend not received.

You may file a complaint with the consumer court.

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Answered on 7/07/09, 12:24 am
Rohini Kumar Tenneti R.K.1080 LEGAL SERVICES

Re: Dividend not received.

Initially you take a step to write the CMD about your discrepency then send him alegal notice giving a stipulated time if the CMD still ignores you have to approach the consumer court but not before filing a petition with the Ombudsman of the bank jurisdiction.

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Answered on 7/06/09, 11:34 am


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