Present: 1. P.K. Sasi, President.
2. Smt.Sheena.V.V., Member.
3. Sri. M.P. Chandrakumar., Member.
19th day of February 2015
C.C.494/14 filed on 3-9-14
Complainant : P.C. Vargheese,Managing Partner, Federal Finance, Kodali,
Thrissur.
(By Adv. A.D. Benny, Thrissur)
Opposite Parties: 1.Manger, LIS Charitable Trust, 4th Floor, Jomsons Tower,
Post Office Road, Thrissur.
- LIS Charitable Trust, Rep. by Managing Trustee, Administration Office, Palakkal court, M.G. Road, Cochin.
O R D E R
By Smt. Sheena V.V., Member.
The case of the complainant is that the complainant had deposited Rs. 5,00,000/- on 25-5-2005. It was assured that the amounts will be doubled within 7 ½ years. The complainant sent a lawyer notice to the opposite parties, but no remedy so far. Hence the complaint.
2. The opposite parties are remained absent and set exparte.
3. The complainant filed affidavit and Exhibits A1 to A3 series documents marked. Exhibit A1 is the receipt produced by complainant to show the deposit amount with the opposite parties. According to the complainant these amounts along with the double benefit are not returned. There is no evidence to the contrary.
4. In the result, the complaint is allowed and the opposite parties are directed to return the double amount covered by Exhibit A1 with interest at the rate of 12% per annum from the date of filing till realization and cost Rs.2000/- (Rupees Two thousand only) within one month from the date of receipt of copy of this order.
Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in the open Forum this 19th day of February 2015.
Sd/- Sd/- Sd/-
M.P. Chandrakumar Sheena V.V. P.K. Sasi
Member Member President
Appendix
Complainant’s Exhibits:
Ext. A1 – Receipt
Ext. A2- copy of lawyer notice
Ext. A3 series –Postal Receipts (2 nos.)
Id/-
Member
