Muringathery Finance and Investments V/S V.A.Simon - Consumer Court Case

Kerala

Trissur

CC/07/776

V.A.Simon - Complainant(s)

Versus

Muringathery Finance and Investments - Opp.Party(s)

Adv.Geo Francis

29 Aug 2008

ORDER

CONSUMER DISPUTES REDRESSAL FORUM
Ayyanthole , Thrissur
consumer case(CC) No. CC/07/776

V.A.Simon						...........Appellant(s)
Vs.
Muringathery Finance and Investments M.F.Davis M.F.Vincent M.F.Kurian M.F.Tomy						...........Respondent(s)

BEFORE:

1. Padmini Sudheesh 2. Rajani P.S.

Complainant(s)/Appellant(s):

1. V.A.Simon

OppositeParty/Respondent(s):

1. Muringathery Finance and Investments 2. M.F.Davis 3. M.F.Vincent 4. M.F.Kurian 5. M.F.Tomy

OppositeParty/Respondent(s):

1. Adv.Geo Francis

OppositeParty/Respondent(s):

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ORDER

By Smt. Padmini Sudheesh, President: The case of complainant is that, he had deposited a sum of Rs.25,000/- with the respondent firm on 29.7.02 with 18% interest. It got matured on 29.7.06. On maturity the complainant had requested the amount, but not returned. It was come to know that the firm is not functioning. Till date the amount is not returned. Hence this complaint. 2. Respondents were declared exparte. 3. To prove the case petitioner has filed affidavit and one document, which is marked as Ext. P1. 4. According to the complainant he is entitled for the deposited amount with interest, compensation and costs. 5. There is no contrary evidence. 6. In the result, complaint is allowed and the respondents are directed to return Rs.25,000/- (Rupees twenty five thousand only) to the complainant with interest at the rate of 18% per annum from 29.7.06 till realization. Further directed to give Rs.1000/- (Rupees one thousand only) towards costs to the complainant. Comply the order within one month. Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in the open Forum, this the 29th day of August 2008.

By Smt. Padmini Sudheesh, President: The case of complainant is that, he had deposited a sum of Rs.25,000/- with the respondent firm on 29.7.02 with 18% interest. It got matured on 29.7.06. On maturity the complainant had requested the amount, but not returned. It was come to know that the firm is not functioning. Till date the amount is not returned. Hence this complaint. 2. Respondents were declared exparte. 3. To prove the case petitioner has filed affidavit and one document, which is marked as Ext. P1. 4. According to the complainant he is entitled for the deposited amount with interest, compensation and costs. 5. There is no contrary evidence. 6. In the result, complaint is allowed and the respondents are directed to return Rs.25,000/- (Rupees twenty five thousand only) to the complainant with interest at the rate of 18% per annum from 29.7.06 till realization. Further directed to give Rs.1000/- (Rupees one thousand only) towards costs to the complainant. Comply the order within one month. Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in the open Forum, this the 29th day of August 2008.

......................Padmini Sudheesh
......................Rajani P.S.