PRESENT

        SMT. ASHA SHETTY         :   PRESIDENT

                        SMT.LAVANYA M. RAI       :   MEMBER

                        SRI. ARUN KUMAR K.        :   MEMBER

COMMON ORDER IN

C.C.Nos. 132, 133, 134, 144, 145 and 148.2013

ORDER DELIVERED BY HON’BLE PRESIDENT

SMT. ASHA SHETTY:

ORDER

The complaints are allowed. Opposite Parties are jointly and severally shall pay the entire amount mentioned in the Fixed Deposit Receipts i.e. Ex.C1 in all the cases along with contractual rate of interest from the respective date of deposits till the date of maturity to the complainants and thereafter Opposite Parties shall pay interest at the rate of 10% per annum from the respective date of maturity till the date of payment. And also pay Rs.2,000/- (Rupees two thousand only) each towards the cost of the litigation expenses.  Payment shall be made within 30 days from the date of this order.

The copy of this order as per the statutory requirements be forwarded to the parties and therefore the file be consigned to record.

PRESIDENT               MEMBER                  MEMBER