Sri S.K.Sahoo,President.

              This   petition  filed by the   complainant   U/s. 35 of  C.P.Act, 2019.

2.         The  case of the complainant is that on  6.2.2016  the  complaint   deposited an amount of  Rs. 82,000.00 each   in Accounts No. 22236403318, 22236403319, 22236403320, 22236403321 & 22236403322. On the  same  day he  has deposited an amount of Rs. 85,630.00 in account No. 22236403323, Rs.83,000.00  in  account  No. 22236403324,22236403325 & 22236403326 .Those  accounts were  to be matured on 06.02.2020 & 06.02.2019 .Although the  complainant approached the opp.parties in  several  occasions  they did not pay the matured amount to the  complainant. The  introducer -opp.party No.3  falsely  assured  for refund of the  maturity amount  by the   opp.parties  to the  complainant.  As  the opp.parties did not pay  the maturated  amount, on 15.11.2020 , the  complainant  sent a pleader  notice to all the opp.parties through Regd. Post with A.D  for payment  of  the  dues, for  which the  complainant  is entitled for. In  response  to  such notice the opp.party No.2 has  sent  a letter to the  advocate of the complainant  on 19.12.2020 but the  maturity amount was not  paid to the  complainant. On the  other  hand  the opp.party No.2 informed  the  complainant that  they are trying to  pay the  matured amount as soon as  possible which depends upon the  funds  provided by their company. Hence this case for maturity amount  along  with  interest,  compensation  for  deficiency in service  , unfair  trade practice  ,litigation cost and other reliefs.

3.         Notices were issued  to  all the opp.parties through  Regd. Post with A.D  .From the  A.D  in respect of opp.party No.2  it  appears that he has received the summon  from this Commission  on 03.03.2021. The A.D in respect of opp.party No.1 & 3 are not available  in the case record. However as the  notices were issued  to the opp.parties  through Regd. Post with A.D  in correct address, it is  deemed  that  notice has been duly served on  opp.party No.1 & 3 . Inspite of  notice  served on the opp.party ,they did not  prefer  to  file  their written version/show cause. Only on 17.03.2021  the opp.party No.3   appeared  through  his  advocate and filed  a petition for  time to  file show cause. No  written statement has been  filed by any  of the opp.parties. However opp.party No.3  contested the  case and  opp.party No.1 & 2 are  set exparte.

4.         The complainant has  filed the  complaint  petition supported  with affidavit. During hearing  he has  filed his  affidavit evidence on 01.12.2022. From the complaint petition , affidavit evidence of the  complainant  it  is  clear that  the  complainant  has deposited an amount of  Rs. 82,000.00 each  in Accounts No. 22236403318, 22236403319, 22236403320, 22236403321 & 22236403322,  Rs.85,630.00 in account No. 22236403323 and Rs.83,000.00  in  account  No. 22236403324,22236403325 & 22236403326 which  are to be  matured on  06.02.2020 & 06.02.2019    and  the  maturity amount   on five numbers of  deposits are Rs. 1,45,714.00 each, Rs. Rs.1,52,165.00 in one deposit and   Rs. 1,27,488.00 each in three numbers of deposits.

            It is   clear  from  the materials  on record  that the  complainant  has  deposited the  aforesaid   amount to  get  the  matured  amount  and the  opp.parties  have accepted  those  deposits in course  of  their  business  to earn  profit. The  aforesaid  deposits were  made by the  complainant  to earn his  livelihood. It is  crystal clear   from the  materials  on record that the  complainant  is  entitled  to get the  matured  amount  along with  interest. Due  to  non-payment of the  dues  to the  complainant  after maturity he sustained loss and  subjected  him  to  mental agony.  The  society of the  opp.parties have adopted unfair  trade practice.

5.         Hence  ordered :-

: O R D E R :

            The  case  be  and   same  is  allowed  in part on  contest  the  opp.party No.3 and  exparte  against the  opp.party No.1 & 2. The opp.parties  are  jointly and severally liable   for   payment to the  complainant. The  opp.parties are directed to pay  Rs. 12,63,199.00  (Rupees Twelve Thousand Sixty-Three Thousand One Hundred Ninety-Nine) only  along with  interest @ 12 % p.a  from the  date of maturity   until payment is  made. The above opp.parties  are also directed to pay  an amount of Rs. 15,000.00 (Rupees Fifteen Thousand)only as compensation and Rs.5000.00 (Rupees Five Thousand) only  towards  litigation expenses. The  opp.parties  are  further  directed to comply the  order  within  a period  of one  month of   receipt  of this  order, failing  which   they are liable  to pay penal interest @ 16% per annum,  on the  amount  to be paid to  the  complainant.