Sri S.K.Sahoo,President.

          This is  a  petition filed  by the  complainant U/s. 35  of C.P.Act, 2019 .

2.       The  case  of the  complainant is that he is  a  permanent resident  of Vill.-Nuahata of Angul district and the opp.parties are  running their business and earning  profit in the Angul district along with  other places.  On 19.06.2018  the complainant  opened account No.12537402375, 12537402376 & 12537402378  and  deposited an amount of Rs.17,750.00 in each account  as fixed deposit  for  a period of 24 months. The opp.parties have issued  certificates bearing No. 4380008432, 4380008433 & 4380008435  in favour of the  complainant. As  per  the  rule of the co-operative society of the opp.parties the complainant is to  get interest on  his deposited  amount  equal  to  fix  deposit. He is also  entitled to get  such  other benefits under the  scheme i.e Golden-24. After the  maturity of the accounts  the  complainant  is entitled to get Rs. 22,066.00   on each of  his  deposit amounting  Rs. 66,789.0 in toto. The opp.parties  failed to release the  amount in favour of the  complainant after  its maturity i.e 19.06.2020. In  several occasions  the  complainant  personally approached the opp.party No.1  and the  other opp.parties  through  cell phone for  disbursement of the  maturity  amount  but no effect. When the  complainant wanted to submit a  written application  to  opp.party No.1  for  disbursement of the matured amount  ,he refused to receive the  same and  disclosed the  complainant  that he  should invest the  matured amount in fresh fixed  deposit certificate for  24  months  instead of  demanding cash. The opp.parties have  adopted unfair trade practice and there is  deficiency in service. Due to  such  conduct of the opp.parties the  complainant  sustained loss, subjected to  mental agony and  harassment. Hence this  case.  

3.       Notice was  issued  to all the opp.parties through Regd.post  with A.D  on  14.08.2020. The A.Ds are on record, which shows that  all the opp.parties have received the  notice issued  from this Commission. Inpite of  such notice  the opp.parties did not  turn to file  written statement  or  to  contest the  case.

4.       The  complaint petition  filed by the  complaint  is  supported with affidavit. It is clear  from the  complaint petition that the  complainant had deposited an amount of Rs. 17,750.00  each  in three numbers of  account on 19.06.2018. Those  accounts are 12537402375, 12537402376 & 12537402378.  It is  also clear that  after  deposit of the  aforesaid  amount  by the complainant  the opp.parties have  issued  certificates number 4380008432, 4380008433 & 4380008435   in favour of the  complainant. The  copy of the  said  certificates  are available in the  case  record which  are filed by the  complainant. On  perusal of those  certificates  it  appears  that  on 19.06.2018 the  complainant has deposited Rs.17,750.00 each in three  numbers of  accounts which are  to be matured on 19.06.2020 . The  matured  amount of  each deposit  is  Rs.22,266.00. From the  materials  on record   it is    also  clear that  after maturity   of the  aforesaid  deposit  the  complainant  approached the opp.parties  but the opp.parties did not  repay the matured amount  to the  complainant. Certainly  the non-payment  of  matured  amount  to the  complainant  by the opp.parties  amounts  to deficiency in service. Inspite of   notice received  from this Commission, the opp.parties  have also not  taken any step  for payment  of the matured amount to the  complainant, for  which the  complainant  sustained monetary loss and  sustained  mental  agony.

5.       Hence  ordered :-

: O R D E R :

          The case  be and  same  is allowed in  part  against  all  the opp.parties. The opp.parties are  jointly and severally liable to  pay  the  matured amount of Rs.66,798.00 (Rupees Sixty-Six Thousand Seven Hundred Ninety-Eight ) only   to the  complainant  after maturity. They are  also  directed to pay  interest @12% per annum  on the matured amount from the  date of  maturity  until payment  is made. The opp.parties  are also directed to pay  an amount of Rs. 15,000.00 (Rupees Fifteen Thousand)only as compensation and Rs.5000.00 (Rupees Five Thousand) only  towards  litigation expenses. The  opp.parties  are  further  directed to comply the  order  within  a period  of one  month of   receipt of this  order, failing  which   they are liable  to pay penal  interest @ 16% per annum,  on the  amount  to be paid to  the  complainant.