M/S.ADVANTAGE LEAS.& FINANCE P.LTD.&ORS. vs AKESH KUMAR . — C.A. No. 5125 - 5137/2003

Case Summary: C.A. No. 005125-005137/2003 On 29 April 2009, the Supreme Court allowed Advantage Leasing & Finance's appeals against the National Consumer Disputes Redressal Commission's order, which had dismissed revision petitions filed by small investors claiming they were deprived of dues by the finance company. The Court set aside the impugned judgment because the Commission had provided no reasons for its decision, violating the principle that even affirmatory orders must contain adequate reasoning. The matter was remitted to the Commission to pass a fresh order after hearing both parties and providing proper reasons. No costs were awarded. This case analysis is maintained by casestatus.in based on publicly available court records.