DISTRICT CONSUMER DISPUTES REDRESSAL FORUM-II

Udyog Sadan, C-22 & 23, Qutub Institutional Area

(Behind Qutub Hotel), New Delhi-110016.

Case No.152/2015

 Sh. P. K. Jain

S/o Sh. J.P. Jain

H.No.MP-55, Maurya Enclave,

Pitampura, New Delhi-110034                             ….Complainant

Versus

1.       Net 4 India Limited,

          AB-11, Community Centre,

          Safdarjung Enclave,

New Delhi-110029

          Also at:

          Net 4 India Limited

          D-25, Sector 3, Noida-201301 (UP)

2.       Sh. Amarjit Singh Sawhney,

          Whole Time Director & Cheque Signatory

          Net 4 India Limited,

          AB-11, Community Centre,

          Safdarjung Enclave,

New Delhi-110029

          Also at:

          70, Poorvi Marg, Vasant Vihar,

          New Delhi-110057

 3.      Sh. Jasjit Singh Sawhney, CMD

Net 4 India Limited,

          AB-11, Community Centre,

          Safdarjung Enclave,

New Delhi-110029

          Also at:

          70, Poorvi Marg, Vasant Vihar,

          New Delhi-110057

4.       Sh. Surya Chadha, Director

Net 4 India Limited,

          AB-11, Community Centre,

          Safdarjung Enclave,

New Delhi-110029

5.       Ms. Nidhi Singh, Company Secretary

          Net 4 India Limited,

          D-25, Sector 3, Noida-201301 (UP)

          Also at:

          F46 C, Flat No.374, Sector-40,

          Noida-201301 (UP)

6.       Sh. Sumit Gupta, PCA, Head FD Deptt.

          Net 4 India Limited

          D-25, Sector 3, Noida-201301 (UP)              ……Opposite Parties

                                                          Date of Institution          : 05.06.15                                                         Date of Order        : 28.07.16

Coram:

Sh. N.K. Goel, President

Ms. Naina Bakshi, Member

Sh. S. S. Fonia, Member

O R D E R

Briefly stated, the case of the Complainant is that he  had made two fixed deposit No.3817 & 3814 of Rs.39,000/- each for 3 years maturing on 03.11.14 and 07.11.14 respectively @ 12% per annum interest compounding and payable quarterly with the OP. OP first stopped payment of quarterly interest w.e.f. 01.04.14 and then did not honour the principal cheques issued by them and the cheques were bounced because the company had closed their bank account and did not inform him in this regard which is a fraud at their end. More than 6 months have passed but the OP has not repaid the amount and their CMD and other whole time Directors are enjoying with their (Complainant) money in USA and UK and their PCA Mr. Sumit Gupta and C.S. Ms. Nidhi Singh who are in-charge of FD repayments are still sitting in corporate office at D-25, Sector 3, Noida -201301 and making false promises. The Complainant has requested to look into the matter for early resolutions.

OPs have been proceeded exparte vide order dated 20.10.15

Complainant has filed his own affidavit in evidence and written arguments.

We have heard the Complainant and have also gone through the file very carefully.

Facts stated in the evidence are not in consonance with the facts pleaded in the complaint. Altogether new facts have been mentioned in the affidavit. Therefore, the complaint is not filed in a proper manner. Moreover, nowhere in the complaint it has been pleaded that by allegedly doing the wrong in question the OPs committed any deficiency in service. Therefore, no case of deficiency in service is made against the OPs. Accordingly, we dismiss the complaint with no order as to costs.

Let a copy of this order be sent to the parties as per regulation 21 of the Consumer Protection Regulations.  Thereafter file be consigned to record room.

(S. S. Fonia)                                                                               (Naina Bakshi)                                                                         (N. K. Goel)

Member                                                                                          Member                                                                                President

Announced on 28.07.2016