Kerala

Trissur

CC/07/749

Madhavi - Complainant(s)

Versus

Kuttath Investment - Opp.Party(s)

Adv.Smitha Varghese

30 Aug 2008

ORDER


CONSUMER DISPUTES REDRESSAL FORUM
Ayyanthole , Thrissur
consumer case(CC) No. CC/07/749

Madhavi
...........Appellant(s)

Vs.

Kuttath Investment
...........Respondent(s)


BEFORE:
1. Padmini Sudheesh 2. Rajani P.S.

Complainant(s)/Appellant(s):
1. Madhavi

OppositeParty/Respondent(s):
1. Kuttath Investment

OppositeParty/Respondent(s):
1. Adv.Smitha Varghese

OppositeParty/Respondent(s):




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ORDER

By Smt. Padmini Sudheesh, President: The complaint is for realization of amount, which are paid as the kuri instalments to the proprietor firm conducted by the respondent. The respondent was conducting a kuri firm and the petitioner was joined in monthly deposit scheme conducted by the respondent. The petitioner joined one narukku of monthly deposit bearing passbook No.109 in the 9th day monthly deposit scheme commenced on 2.9.2003 in the above scheme, monthly instalment of Rs.100/- and total of 50 instalments, having total sala of Rs.6000/-. Now the respondent closed the firm on 19.11.2006 and proprietor is seen absconding. The firm is not functioning now. The petitioner is entitled for an amount of Rs.3900/- paid in their monthly deposit scheme and also entitled for interest at the rate of 14% per annum for this amount Rs.364/- from the date of closure of the respondent firm together with a future interest at the rate of 14% per annum from the date of filing of this petition till the realization of the entire amount. But the amount not returned. Hence this complaint. 2. The respondent called absent and set exparte. 3. To prove the case complainant has filed affidavit and one document, which is marked as Ext. P1. 4. According to the complainant she is entitled for the amount shown in Ext. P1 passbook with 14% interest. She also claims costs and compensation. 5. There is no evidence to the contrary. 6. In the result, complaint is allowed and the respondent is directed to return the amount shown in Ext. P1 passbook with interest at the rate of 14% per annum from 2.11.06 till realization and pay Rs.1000/- (Rupees one thousand only) towards costs to the complainant. Comply the order within one month. Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in the open Forum, this the 30th day of August 2008.




......................Padmini Sudheesh
......................Rajani P.S.