Order-6.
Date-05/12/2016.
This is an application u/s.12 of the C.P. Act, 1986.
Complainant’s case in short is that the O.Ps. belong to Vibgyor Group. The complainant deposited a sum of Rs.20,000/- on 21/03/2013with O.P. for 90 months being Certificate No.BCON50026 and Application No.083754. The maturity value of the said deposit was of Rs.60,000/-. The date of maturity of the said Certificate is on 21/09/2020.
The complainant has come to know that the office of the O.Ps. are put under lock & key and the complainant could not be able to contact the O.P. to know the fate of his deposited amount. It is alleged that the doors of the O.Ps. is under padlock and O.Ps. have adopted unfair trade practice. The complainant has also alleged deficiency of service against the O.Ps. Hence, this case.
O.Ps. have not appeared in this case. O.Ps. have neither filed W.V. nor contested the case. The case has proceeded ex-parte against the O.ps.
Point for Decision
- Whether the O.Ps. are deficient in rendering service to the complainant ?
- Whether O.Ps. haveadopted unfair trade practice ?
- Whether the complainant is entitled to get the relief as prayed for ?
Decision with Reasons
All the points are taken up together for the sake of brevity and convenience of discussion and as the points are inter related.
We have travelled over the documents on record, namely, Xerox copy of loan receipt, Partner Admission Advice cum Capital Contributionand other documents on record.
It appears that the complainant invested an amount of Rs.20,000/-on 21/03/2012with the O.P. being Certificate No..BCON50026 and Application No.083754 for 90 months and the date of repayment is on 21/03/2020.
It also appears that the fate of the said deposit of the complainant are in dark. It is alleged that the office of the O.Ps. is under lock & key. So it appears that the O.Ps. have usurped the deposited amount of the complainant and have avoided the responsibility of repayment. We think that O.P. party has resorted to unfair trade practice. We also think that the O.P. is deficient in rendering service to the complainant.
None came from the side of the O.P. to challenge or controvert the version of the complainant. The recitals of the complainant as stated in the petition of complaint remain unchallenged and uncontroverted.
In absence of any contrary and controverting materials on record and having regard to the documents on record we think that complainant is entitled to get the relief as prayed for.
In result, the case succeeds.
Hence,
Ordered
That the instant case be and the same is allowed ex-parte but on merit against the O.P.
O.P. is directed to pay an amount of Rs.20,000/- in respect of Certificate No.BCON50026 and Application No.083754within one month from the date of passing this order.
The O.P. is also jointly and severally directed to pay an amount of Rs.20,000/- as compensation for causing harassment, mental agony to the complainant within the said stipulated period.
The O.P. is also directed to pay an amount of Rs.10,000/- as penal damage for practicing unfair trade to this Forum within the said period.
Failure to comply with the order will entitle the complainant to put the order into execution u/s.25 read with Section 27 of the C.P. Act.
