Present:  1. P.K. Sasi, President.

                                          2. Smt.Sheena.V.V., Member.

                                          3. Sri. M.P. Chandrakumar., Member.

                                                                    30^th  day of January 2015

                                       C.C.548/14  filed on 07-10-2014

Complainant          :  P.C. Xavier, Poovathookaran (H), Chengalloor, Thrissur.

                                      (By Adv. A.D. Benny)

Opposite Parties     :  1. Manager, LIS Charitable Trust, Jomsons Tower, Post     

                                      Office Road, Thrissur.

                                2. LIS charitable Trust, Rep. by Managing Trustee, Admn.

                                     Office, Palakkal Court, M.G. Road, Ernakulam.

O R D E R

By Sri. P.K. Sasi, President.

The case of the complainant is that the complainant had deposited Rs.95,000/- on 15-6-05 vide deposit receipt No.36937 with the opposite parties. It was assured that the amounts will be doubled within 7 ½ years.  After promised maturity period complainant sent a lawyer notice demanding the money back.  But no amount returned so far.  Hence this  complaint.

          2.  The opposite parties were remained continuously absent and set exparte.

          3.  Case posted for complainant evidence on 16-1-2015.  Complainant is present and filed proof affidavit and produced 3 documents.  Documents were marked as Exts. A1 to A3.  Exhibit A1 is the Deposit Receipt; Ext. A2 is the copy of lawyer notice and Ext. A3, Postal Receipts.  Ext. A1would go to show the deposit is genuine.  According to the complainant these deposit amounts along with the double benefits promised by the opposite parties were not returned.   There is no evidence to the contrary before us.

          4.  In the result, the complaint is allowed and the opposite parties are directed to return double the amounts covered by Exhibit A1 deposit receipt with interest at the rate of 12% per annum from the date of filing till realization and cost Rs.2,000/- (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 30^th day of January 2015.   

          Sd/-                                            Sd/-                                           Sd/-

M.P. Chandrakumar                       Sheena V.V.                               P.K. Sasi                                                                                       

        Member                                   Member                                    President

                                      Appendix

Complainant’s Exhibits:

Ext. A1– Deposit Receipt

Ext.A2 – Copy of Lawyer notice

Ext. A3 series- Postal Receipts (2 nos.)

                                                          Id/-

President