We allow this appeal and set aside the impugned order and allow the complaint as indicated herein above. The Complainant is held entitled to interest at the rate of 9% on the said sums of Rs. 0.88 lacs and Rs. 52,525/- from 10/10/06, the date of the complaint. The payment to be made within a period of 30 days or else the OP is hereby directed to pay further interest on all sums at the rate of 9% until the sums are paid.

As already stated the appeal is hereby allowed with costs of Rs. 5000/-.