PRESENT

           SMT. ASHA SHETTY           :   HON’BLE PRESIDENT

           SMT.LAVANYA M. RAI       :   MEMBER

ORDER

The complaint is allowed.  The Opposite Party No.1 to 7 are jointly and severally shall pay Rs.70,000/-  (Rupees Seventy thousand only) under the Fixed Deposit Receipt bearing No.294 along with interest at 15% per annum from the date of deposit i.e. on 2.1.2002 till the date of maturity i.e. 2.1.2004 and thereafter shall pay interest at the rate of 10% per annum from the date of maturity till the date of payment by deducting Rs.500/- paid per month from 2.1.2004 to 31.8.2011 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.

                   PRESIDENT                              MEMBER