Ld. Advocate(s)

For Complainant   .. Makbul Rahaman

For OP/OPs     .. None

Date of Filing           : 18.12.2018

Date of Disposal      : 27.03.2019

:    JUDGMENT & ORDER  dtd. 27.03.2019   :        

Nonpayment of the maturity value of one Fixed Deposit Certificate of the depositor herein, the complainant has obliged him 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 Fixed Deposit Certificate bearing number 562 012796777 with the OP No. 1 for the period from 14.07.2012 to 14.07.2018, i.e., for the period of 6 years.  The complainant had deposited Rs. 20,000/-.  According to the condition of the F.D. Scheme, the complainant is entitled to get the maturity amount of Rs. 47,080/- + 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 his averment had prayed for directing the OPs to refund of Rs. 47,080/- + up to date interest as per norms of the OPs, a compensation of Rs. 40,000/- for harassment and mental agony and Rs. 10,000/- as litigation cost.

After receiving the notice none of the OPs appeared before this Forum or filing written version to contest this case.  So the case was heard ex-parte against the OPs.

At the time of argument, the Ld. Lawyer for the complainant argued that he had submitted proper demand notice but the OPs gave no reply. 

From the above discussion and as per the original documents which are in the record, it is clear that the complainant is entitled to get the maturity amount of Rs. 47,080/- + 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 Company.

Hence, it is

                                                              O R D E R E D,

That the OPs are hereby directed to refund of Rs. 47,080/- + 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 awarded amount up to the date of this order.  A compensation of Rs. 5,000/- for harassment, mental pain and agony and a litigation cost of Rs.3,000/- 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 is allowed ex-parte against the OPs. 

            Let a plain copy of this judgment be supplied to the parties forthwith free of cost.