PRESENT

           SMT. ASHA SHETTY           :   HON’BLE PRESIDENT

           SMT.LAVANYA M. RAI       :   MEMBER

ORDER

The complaints are allowed.

The Opposite Parties are jointly and severally shall refund the entire amount mentioned in F.D.R. Nos. in respective Complaints (Schedule A to C) to all the Complainants equally in C.C.No.329, 330, 332 and 335/2012 along with respective contractual rate of interest in respective FDRs from the date of deposits till the date of maturity and thereafter shall pay 9% interest per annum from the respective date of maturity till the date of payment.

In C.C.No.328 and 331/2012 Opposite Parties are jointly and severally shall pay to the respective Complainants under the F.D.Rs mentioned in the complaints along with contractual rate of interest from the respective date of deposits till the date of maturity. Thereafter shall pay interest at the rate of 9% per annum from the date of maturity till the date of payment.

Further the Opposite Parties shall pay Rs.1,000/- each towards the cost of the litigation expense.  Payment shall be made within 30 days from the date of this order.

The F.D.R., if any, deposited by the Complainant be returned fourth with by substituting the certified.

                         PRESIDENT                               MEMBER