Tamil Nadu

North Chennai

CC/126/2018

R.Ganesan - Complainant(s)

Versus

M/s.Sterling tree magnum India Ltd - Opp.Party(s)

M/s.N.Chandra Raj

28 Feb 2020

ORDER

                                                                      

                                                                        Complaint Presented on:  03.05.2002

                                                                                 Date of disposal:  30.05.2022

 

DISTRICT CONSUMER DISPUTES REDRESSAL COMMISSION,

CHENNAI (NORTH)

@ 2^ND Floor, T.N.P.S.C. Road, V.O.C. Nagar, Park Town, Chennai – 600 003.

 

PRESENT : THIRU. G. VINOBHA, M.A., B.L.,                          :PRESIDENT

                                  TMT. KAVITHA KANNAN, M.E.,                         : MEMBER-I

                                  THIRU.V.RAMAMURTHY,B.A.,B.L.,PGDLA.,   :MEMBER-II

 

MONDAY THE 30^th  DAY OF MAY 2022

C.C.NO.126/2018

 

 

R.Ganesan

No.8, 2^nd street, Bharathi nagar,

Pallavaram, Chennai-600 043.

                                                                                          …..Complainant

 ..Vs..

M/s.Sterling Tree Magnum (India) Ltd.

Represented by Managing Director,

No.5, 41^st street, 6^th Avenue,

Ashok Nagar, Chennai-600 083.

 

.....Opposite Party.

Counsel for Complainant                          : M/s. N.Chandra Raj.

Counsel for Opposite party                         : M/s.G.Sundaram & A.Philip Nicholas

 

ORDER

 

BY PRESIDENT THIRU. G.VINOBHA, M.A.,B.L.,

          This complaint is filed by the complainant u/s 12 of the Consumer Protection Act.1986.

          The complainant filed this complaint  against the opposite party  to direct the opposite party to pay to the complainant a sum of Rs.79,875/- towards his investment in TEAKQUITY scheme a sum of Rs.70,875/- towards the interim return payable ix year, i.e. on 30.08.2001; a sum of Rs.1,00,000/- as compensation for the defective and deficient services rendered to him and for the mental agony suffered by him; and a sum of Rs.1000/- towards the cost of the notice and in all a total sum of Rs.2,51,750/- along with an interest of 24% p.a. from 01.09.2001 till its settlement in full and cost of the complaint.

          Complainant absent. Complainant counsel absent.  After filing memo on 22.11.2002 by opposite party.  Stating proceeding of company Application No.4074408-99 by order dated.29.04.1999.  Thereafter no further progress or order copy is furnished by either parties.  Matter pending for long time no progress.  Even after notice nobody appeared.  Hence this complaint is closed.

          Order Pronounced dated 30^th  May 2022.

 

MEMBER – I              MEMBER – II                                   PRESIDENT