West Bengal

Bankura

CC/47/2016

Chandan De - Complainant(s)

Versus

Branch Manager, Prayag Infotec Network limited - Opp.Party(s)

Durgaprasad Sarkar

29 Dec 2022

ORDER

IN    THE   DISTRICT   CONSUMER   DISPUTES   REDRESSAL COMMISSION BANKURA

Consumer  Complaint  No. 47/2016

Date of Filing : 13.07.2016

Before:

1. Samiran Dutta                Ld. President.      

2. Rina Mukherjee               Ld. Member. 

3.  Sudhakar Ghosh             Ld. Member.

For the Complainant: Ld. Advocate Durgaprasad Sarkar

For the O.P. None  

Complainant    

1.Sri Chandan De, S/O Nirmal Ch. De, At Lalbazar,, Bhatiora, District- Bankura, PIN-722 101

2.Sri Sanjib Kumar De, S/O Nirmal Ch. De, At Lalbazar,, Bhatiora, District- Bankura, PIN-722 101

3.Smt Doli Biswas De, W/O Somenath De, At Lalbazar,, Bhatiora, District- Bankura, PIN-722 101

 Opposite Party 

1.Branch Manager, Prayag Infotech Network (P) Ltd., Thyrocare Bldg., Near Rabin Hall, Gobindanagar, Bankura- 722 101

2.Chairman, Prayag Infotech Network (P) Ltd., P-45 Bhupen Roy Rd, Kol- 700 034

Additional Address: Chairman, Prayag Commission Office,Thakurpukur, Maheshtala, Joka-2, S. 24 Pgs., PIN-700 104

FINAL ORDER / JUDGEMENT

Order No.38

Dt.29-12-2022

Hazira is filed on behalf of the complainant through Advocate.

No step is taken by the O.P.

The record shows that the appearance of the O.P. could not be secured in spite of exhausting all efforts and formalities, still the O.P. failed to turn up to contest the case.

Without wasting further time the Commission is inclined to dispose of the case by passing an Ex-parte order.

The complainants purchased Gold Certificates No.105-0101946, 105-0101947, 105-0110404 (by Complainant No.1) /105-0101948, 105-0101949, (by Complainant No.2) /  105-0101688 (by Complainant No.3)   from the O.P. on different dates with condition to get back the committed value after the Maturity period but the O.P. refused the same on production of the Gold Certificates and thereby committed unfair trade practice and deficiency in service for which the complainants have prayed for getting back the matured value of Rs.16,492/- payable to the complainant No.1, Rs.5,611/- payable to the complainant No.2 and Rs.12,187/- payable to the complainant No.3 with compensation of Rs.20,000/-

                                                                                                                                                                                 Contd…….p/2

Page: 2

Perused the complaint and heard the Ld. Advocate for the complainant.

On perusal of the entire materials on record the Commission finds that O.P. who runs a ponzi scheme with intent to defraud the investors have violated the terms and conditions of the Gold Certificates by refusing return of the Matured value as described above.

Similar unfair practices have been committed by the O.P.s in different cases some of which are pending before this Commission and some are already disposed of.

The prima-facie case of the complainants is established and they are entitled to get the relief as prayed for.

Hence, it is ordered…..

That the case be and  same is decreed against the O.P.s.

O.P.s are jointly and severely directed to pay to the complainants their respective Matured value on the Gold Certificates mentioned in the copy of judgement within three months from this date failing which decretal amount may be realized through Execution process.

Copy of this judgement be supplied to both parties free of cost.

 

                          __________________                                   ________________                                 ________________

                      HON’BLE   PRESIDENT                            HON’BLE    MEMBER                        HON’BLE    MEMBER