FALCON DEFRAUDED THOUSANDS IN THE NAME OF INVOICE DISCOUNTING

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If the RBI Ombudsman has already dismissed your complaint without merits, it generally does not create res judicata because it was not adjudicated on facts or law. Consumer court dismissal for want of cause of action also may not strictly bar a fresh complaint if you can show new grounds of systemic KYC/KYB and transaction monitoring failure by ICICI. Regarding limitation, the Consumer Protection Act allows filing within 2 years from the date of cause of action; you must show that the new complaint is either within this period or justify condonation for delay. Fresh filing is possible if you bring substantially revised facts and evidence, but success depends on proving a distinct cause of action and overcoming limitation issues.

Advocate Barath Kumar LawRato