PRESENT

           SMT. ASHA SHETTY           :   HON’BLE PRESIDENT

           SMT.LAVANYA M. RAI       :   MEMBER

           SRI. ARUN KUMAR K.        :   MEMBER 

ORDER

The complaint is allowed.  The Opposite Party i.e. Puttur Taluk Agrl. Produce Co-Op. Marketing Society Ltd. represented by its Chief Executive Officer shall pay the deposited amount i.e. Rs.20,937/- (Rupees Twenty thousand nine hundred thirty seven only) under the certificate No. 3717 along with interest at 9½% per annum (contractual rate) from the date of deposit i.e. 13.10.2005 till the date of maturity i.e. 12.3.2007, thereafter the Opposite Party shall pay interest at 12% per annum on the above said amount from the date of maturity till the date of payment to the complainant and also pay Rs.2,000/- (Rupees Two thousand only) as cost of the litigation expenses.  Payment shall be made within 30 days from the date of this order.

The F.D.R. if any deposited by the Complainant be returned fourth with by substituting the certified.

Copy of this order as per statutory requirements, be forward to the parties free of costs and file shall be consigned to record room.

            PRESIDENT                           MEMBER               MEMBER