BEFORE THE TELANGANA STATE CONSUMER DISPUTES REDRESSAL COMMISSION : HYDERABAD.

                                C.C.No.262/2014

Between:

Sri K.Sreenath, Son of K.Subramanyam,

Aged about 39 years, Luxary Homes,

 Upperpally Road,

Rajendra Nagar Mandal, (R.R.Dist.),

Hyderabad-500 048.                                                  …Complainant

        And

1.M/s.India Bulls Wholesale Services Limited,

Reg. Office:F-60, Malhotra Building,

3^rd Floor Connaught, New Delhi-110 001,

Represented by its Managing  Director.

2.M/s.India Bulls Wholesale Services Limited,

607, 6^th Floor, V.V.Vintage Boulevard,

Rajabhavan Road, Somajiguda, Hyderabad,

Rep. by its Manager,

3. M/s.India Bulls Wholesale Services Limited

Corporate Office: India Bulls Finance Centre ,

Elphinstone Mills Compound-612 613,

Senapathi Bapt Marg, Elphinstone Road,

West Mumbai-400 013, Rep. by its Manager.                    …Opp.parties

Counsel for the Complainants       :    M/s.M.Hari Babu

Counsel for the Opp.parties      :   M/s.K.Vishweshwar Reddy

QUORUM: HON’BLE SRI JUSTICE B.N.RAO NALLA, PRESIDENT 

         THURSDAY, THE THIRTY FIRST  DAY OF MARCH,

                             TWO THOUSAND SIXTEEN.                                                                                                                                                                                                                                                                                                                                                        .

Oral Order : (Per Hon’ble Justice Sri. B.N.Rao Nalla, President).

                                 ***

        This is a complaint   filed  by the complainant to direct the opp.parties to pay to the complainant  an amount of Rs.12,18,000/- with interest from the date of the complaint till payment,  Rs.10 lakhs towards compensation,  Rs.25,000/- towards costs. 

The complainant  booked a flat  in the venture of opp.parties and    after paying some amount towards the 1^st  instalment,   on account of his personal reasons, he  requested the opp.parties  to cancel the booked flat    and refund the amount paid by him.    Though the complainant    submitted all the documents as demanded by the opp.parties,   they did not refund  the amount paid by him.   Hence the complainant issued legal notice to the opp.parties demanding  refund of the amount paid by him.  As the  opp.parties did not pay the amount paid by him, the complainant filed this complaint seeking above said directions to the opp.parties.    

       Today  counsel for the complainant  filed  a memo dt.30.3.2016  in which it is  stated  as   follows:

        “It is submitted that the complainant informed that the matter has been settled out of court and  requested to withdraw the same. Hence it is prayed that this  Hon’ble Commission may close the above complaint as settled out of  court. Hence this Memo.”

 Counsel for the complainant  served a  copy of the above  said memo to  counsel on other side.      Since the matter is settled by and between the parties, the complainant  is permitted to withdraw the complaint.

     In the result,  the complaint is dismissed as withdrawn.

                                                                                                                                                                  PRESIDENT

                                                                                                                                                                     Dt.31.3.2016