By Smt. Padmini Sudheesh, President: The complainant’s case that the complainant deposited Rs.25,000/- on 30.3.2000 vide receipt No.1623; Rs.40,000/- on 3.6.2000 vide receipt No.1645 and Rs.35,000/- on 9.6.2001 vide receipt No.1650. The total amount deposited is Rs.1,00,000/-. At the time of deposit it was assured that the respondent will return the amount at any time on request with interest at the rate of 12%. Subsequently the respondent trust was closed and the amount was not returned. Hence the complaint. 2. The first respondent is called absent and set exparte. A statement filed by the complainant to the effect that no relief is sought against the 2nd respondent. 3. The complainant filed affidavit and three documents to prove his case. 4. According to the complainant, the amount deposited by him with the respondent trust is not returned so far even if the trust was closed. The deposits were made on 30.3.2000, 3.6.2000 and 9.6.2000. There is no maturity date stated in the Exts. P1 to P3 receipts. The principal amount and interest not received so far. So this complaint is filed to get back the amount. There is no evidence to the contrary. 5. In the result, the complaint is allowed and the first respondent is directed to return the Exts. P1 to P3 amount to the complainant with interest at the rate of 12% per annum from the date of deposit till realization with costs Rs.500/- (Rupees five hundred only) within two months. Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in the open Forum, this the 30th day of December 2009.
......................Padmini Sudheesh ......................Rajani P.S. ......................Sasidharan M.S | |