https://www.taxtmi.com/caselaws?id=196142 A consumer complaint challenging the sale of pledged shares was held barred by limitation because the cause of action arose when the shares were sold and the proceeds credited, yet the complaint was filed more than a decade later. The Commission applied limitation principles to consumer proceedings and treated the claim as stale and incapable of revival. On merits, it found no deficiency in service because the complainant had authorised sale of the shares in one lot, the bank acted on that authority, and the later objection to the extent of sale was treated as an afterthought. Alleged criminal proceedings did not establish compensable wrongful conduct. en-us Tue, 01 Sep 1992 00:00:00 +0530 Mon, 20 Nov 2017 15:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196142 A consumer complaint challenging the sale of pledged shares was held barred by limitation because the cause of action arose when the shares were sold and the proceeds credited, yet the complaint was filed more than a decade later. The Commission applied limitation principles to consumer proceedings and treated the claim as stale and incapable of revival. On merits, it found no deficiency in service because the complainant had authorised sale of the shares in one lot, the bank acted on that authority, and the later objection to the extent of sale was treated as an afterthought. Alleged criminal proceedings did not establish compensable wrongful conduct. Case-Laws Indian Laws Tue, 01 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196142