District Consumer Disputes Redressal Commission-I, U.T., Chandigarh

Miscellaneous Application No.24 of 2024

in EA/197/2018

BEFORE:

          PAWANJIT SINGH, PRESIDENT

          SURJEET KAUR, MEMBER

          SURESH KUMAR SARDANA, MEMBER

PRESENT:

Sh.Gaurav Bhardwaj, Advocate for Applicants/Complainants/DHs.

Accused already declared proclaimed offender.

Dated :  20^th March 2024

ORDER

1.   Office report seen. Heard. Be registered. The present miscellaneous application has been filed on behalf of applicants/complainants/DHs for release of Rs.55,555.55 paise along with interest, if any, as per order dated 26.10.2023.

2.   We have perused the order dated 26.10.2023 passed by this Commission in Execution Application No.194 of 2018 titled as “Paras Sood vs. Emerging Valley Pvt. Limited”. The amount of Rs.10 Lakh was deposited by accused in 18 execution applications including the execution application of the present applicants/complainants and the said amount of Rs.10 Lakh, alongwith accrued interest thereon if any, was ordered to be distributed in all the 18 execution applications, including the execution application of the present applicants/complainants, in equal share of Rs.55,555.55 paise alongwith upto date interest and it was ordered that the amount will be released on filing of the separate application by the complainants/decree holders alongwith their bank account details. A copy of the order dated 26.10.2023 has already been placed on the record of the execution application of the present applicants/complainants.

3.   The applicants/complainants have prayed for release of the aforesaid amount of Rs.55,555.55 paise alongwith interest in their favour in their following bank accounts;

     Complainant No.1

     Name of A/c Holder Vipul Gupta

     Name of Bank       Indian Overseas Bank

     Account No.        348401000000542

     IFSC Code          IOBA0003484

     Complainant No.2

     Name of A/c Holder Sarika Gupta

     Name of Bank       Indian Overseas Bank

     Account No.        348401000000542

     IFSC Code          IOBA0003484

4.   As per office report, FDR of Rs.56,472/- has been prepared and copy attached.

5.   In view of the averments made in the miscellaneous application, which is supported with affidavits, the same stands allowed. It is ordered that the amount of Rs.56,472/-, lying deposited in the shape of FDR, alongwith upto date interest thereon, be transmitted in the aforesaid bank accounts of the applicants/complainants in equal share, against proper receipt & identification. Office to take necessary action for release of the amount. Office should ensure the correctness of the bank account details of the applicants/complainants before getting the amount transferred in their account. The present miscellaneous application stands disposed of accordingly. It be tagged with the execution application file bearing No.EA/197/2018.

6.   Certified copies of this order be sent to the parties free of cost.