Mobile shop owner won Rs 15 lakh chit prize but waited 55 days for payout; company blamed late sureties, but consumer commission found its records contradicted the claim and ordered Rs 44,500 relief
The dispute was not about the eligibility for the chit prize or whether the claimant had won the bid. Won a chit prize but the payout is delayed? A Telangana consumer commission has upheld an order against Kapil Chits after holding the company responsible for delaying the payment of a Rs 15 lakh chit prize…