Karnataka

Mysore

CC/211/09

Chikkamaraiah - Complainant(s)

Versus

MSIL Chit Fund & onek another - Opp.Party(s)

02 Sep 2009

ORDER


DISTRICT CONSUMER DISPUTES REDRESSAL FORUM MYSORE
No.1542/F, Anikethana Road, C and D Block, J.C.S.T. Layout, Kuvempunagara, (Behind Jagadamba Petrol Bunk), Mysore-570009.
consumer case(CC) No. CC/211/09

Chikkamaraiah		 ...........Appellant(s)

Vs.

MSIL Chit Fund & onek another
Branch Manager, MSIL Chit Funds		 ...........Respondent(s)


BEFORE:


Complainant(s)/Appellant(s):


OppositeParty/Respondent(s):


OppositeParty/Respondent(s):


OppositeParty/Respondent(s):




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ORDER

1. The complaint is partly allowed. 2. The opposite parties are hereby directed to pay the bid amount of Rs.25,000/- to the complainant with interest at the rate of 15% p.a. from the date of the bid, till realization by accepting kthe sureties already offered. The order should be complied by the opposite parties within a month from the date of this order. 3. However, it is made clear that the opposite parties are at liberty to recover any amount that the complainant is liable, in accordance with law. 4. Further, the opposite parties to pay a sum of Rs.2,000/- to the complainant towards cost of the proceedings. 5. Give a copy of this order to each party according to Rules.