Ld. Advocate(s)

          For Complainant   .. Makbul Rahaman

          For OP/OPs     .. Safikul Alam

Date of Filing           : 13.02.2018

Date of Disposal      : 28.12.2018

:    JUDGMENT & ORDER  dtd. 28.12.2018  :         

 Nonpayment of the maturity value of one investment plan (R.D. Scheme) of the depositor herein the complainant has obliged her to lodge this complaint u/s 12 of the C.P. Act 1986 for redressal.

The brief fact of the case is that the complainant had one R.D. Scheme bearing A/C. number 55704200405 with the OP No. 1 for sixty months started on and from 15.02.2012.  During the period according to the scheme, the complainant had deposited Rs. 44,000/-. According to the condition of the R.D. Scheme, the complainant is entitled to get total maturity value of Rs. 44,000/- + up to date interest as per norms of the OPs.  The complainant has made claim as per rule, but no payment has been made by the OPs.  The complainant in her averment had prayed for directing the OPs to make payment of  Rs.44,000/- + up to date interest as per norms of the OPs , a compensation of Rs. 20,000/- for harassment and mental agony and other reliefs.

On the other hand, the OP No. 1, one Amal Kr. Dawn appeared on behalf of the Sahara India Parivar and contested this case by filing a written version on the ground stated therein which is kept in the record.  He also verbally submitted that the OPs are not in a position to make payment to the complainant.

On argument the Ld. Lawyer for the complainant argued that she had submitted proper demand notice but the OPs gave no reply. 

From the above discussion and as per original documents which are in the record, it is clear that the complainant is entitled to get the maturity value of Rs. 44,000/- together with up-to-date interest as per norms of the OPs.  It is the deficiency in service on the part of the OPs not to make payment of the maturity amount in time.  The complainant is not responsible for the internal disturbance of the OPs.

Hence, it is

                                                O R D E R E D,

That the OPs are directed to make payment of Rs. 44,000/- + up-to-date interest to the complainant as per norms of the OPs within 30 days from the date of this order, failing which an interest @ 10% p.a. shall be imposed on the total amount up to the date of this order.  A compensation of Rs. 20,000/- for harassment, mental pain and agony and litigation cost of Rs. 5,000/- are to be paid to the complainant by the OPs within 30 days from the date of this order.

The case be and the same succeeds on contest.

 Let a plain copy of this order be furnished to the parties forthwith free of cost.