Orissa

StateCommission

A/374/2016

M/s Sampati India Infrastructure Ltd. - Complainant(s)

Versus

Bipra Charan Swain - Opp.Party(s)

M/s. A.K. Das & Assoc.

28 Jun 2023

ORDER

IN THE STATE CONSUMER DISPUTES REDRESSAL COMMISSION
ODISHA, CUTTACK
 
First Appeal No. A/374/2016
( Date of Filing : 10 Aug 2016 )
(Arisen out of Order Dated 11/07/2016 in Case No. CC/325/2011 of District Khordha)
 
1. M/s Sampati India Infrastructure Ltd.
represented through the Managing Director, At-Plot No. 30, HIG-BDA Colony, Jaydev Vihar, Bhubaneeswar, Khurda.
...........Appellant(s)
Versus
1. Bipra Charan Swain
S/o- Late Yudhistir Swain, Retd., Govt. Employee, R/o- 57, Kharvel Complex, Aiginia, Khandagiri, Bhubaneswar, Khurda.
...........Respondent(s)
 
BEFORE: 
 HON'BLE MR. JUSTICE Dr. D.P. Choudhury PRESIDENT
 HON'BLE MS. Sudhiralaxmi Pattnaik MEMBER
 
PRESENT:M/s. R.K.Pattnaik & Assoc., Advocate for the Appellant 1
 M/S.K.K.Jena & Assoc, Advocate for the Respondent 1
Dated : 28 Jun 2023
Final Order / Judgement

    Both parties are present with their counsels. They submitted that they have  compromised the matter  on the condition that the O.P would pay back the entire interest on the loan with 9% per annum to the complainant to execute  the  sale deed.

    They also submitted that out of loan amount Rs.(six lakh)  already paid. Therefore, the O.p agreed to pay the rest of the amount of Rs.4,85,000/-  within a period of 45 days , failing which it  wouldcarry interest at the rate of 12% per annum.

    In view of the above compromise recorded by the parties, the appeal is disposed with direction to the O.P to pay Rs.4,85,000/- to the complainant within a period of 45 days  and after receipt of the money the complainant shall cancel the sale deed  where the O.p also a party within a period of 15 days from the date of receipt of the money.

    Accordingly the appeal is disposed of. If  non of the parties not complied the order they proceed the execution case.

 
 
[HON'BLE MR. JUSTICE Dr. D.P. Choudhury]
PRESIDENT
 
 
[HON'BLE MS. Sudhiralaxmi Pattnaik]
MEMBER
 

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