IN THE CONSUMER DISPUTES REDRESSAL FORUM, ALAPPUZHA
Wednesday the 31st day of August , 2011
Filed on 09.03.2011
Present
- Sri. Jimmy Korah (President)
- Sri. K. Anirudhan (Member)
- Smt. N. Shajitha Beevi (Member)
in
C.C.No.73/2011
Between
Complainant:- | Opposite Parties |
1. T.G. Gopalakrishna Panicker, S/o. Govinda Panikkar, Residing at Puthuparambil , Pazhaveedu P.O, Alappuzha. 2. Sudha, W/o Gopalakrishna Panicker, Residing at Puthuparambil, Pazhaveedu P.O, Alappuzha. | 1. SNDP Sakha No.363 Rep. its Secretary, Kakkazhom, Neerkkunnam Alappuzha 2. Sri.K.Bhaskaran, Secretary, SNDP Sakha Yogam No.363 Kakkazhom, S/o Kesavan Anavelil House, Neerkkunnam, Alappuzha. |
O R D E R
SMT. N.SHAJITHA BEEVI (MEMBER)
Sri. T.G.Gopalakrishna Panicker and his wife have filed this complaint before the Forum on 09.03.2011 alleging deficiency in service on the part of the opposite parties. The brief facts of the allegations of the complainant are as follows:- The 2nd opposite party is the Secretary of the first opposite party – SNDP Sakha Yogam No. 363, Kakkazhom, Neerkunnam. The 2nd opposite party has assured them that they will invest the funds in different ventures and make profits thereof will be distributed among the investors @ 18% per annum payable on monthly basis. The entire amount of the Trust is being carried out by the Secretary. The complainants had deposited a total sum of Rs.2,50000/- (Rupees Two lakhs fifty thousand only) before the Trust on different dates. The opposite parties had issued Pass books showing the deposit of the same. The opposite parties paid interest till August , 2006. Thereafter the opposite parties failed to pay the interest or deposited amount till date, even though they had requested to return the amount, they filed this complaint seeking relief.
2. Notices were issued to the opposite parties, and they had not appeared before this Forum. Considering their absence, they were set exparte by this Forum.
3. Considering the allegations of the complainants, this Forum has raised the following issues:-
1) Whether there is any deficiency in service and negligence on the part of ` the opposite parties in repayment of fixed deposit to the complainants ?
2) Whether the complainant are entitled to get compensation and costs from the opposite parties?
4. Issues 1 and 2:- Complainants had filed proof affidavit in the support of their case and produced documents in evidence – Ext.A1 & A4 marked. Ext. A1 and A4 are the original Pass books issued by the opposite parties to the complainants at the time of depositing the amount It shows the deposited amount, interest paid and the outstanding amount. The books shows that an amount of Rs.2,50000/- is the outstanding amount to be released. .
5. On a careful study of the entire matter of this case, it can be seen that as per the assurance given by the opposite parties, the complainants had deposited the amount in the Trust administered by the opposite parties. The opposite parties had paid interest to the complainants for a certain period, for the said deposited amount. Since the opposite parties had defaulted payment of interest, the complainants requested the opposite parties to return the amount with interest. But the opposite parties have not shown any effort to return the same. This will amounts to cheating. The entire actions on the part of the opposite parties shows the deficiency in service and negligence. There is no justification on the part of the opposite parties in retaining the amount which is payable to the complainants. The complainants are entitled to get back the deposited amounts with interest fully. Since there is deficiency in service and negligence on the part of the opposite parties by way of denial of repayment to the depositors, the complainants are entitled to get compensation and costs from the opposite parties and that the opposite parties are jointly and severely liable for that. Considering, the whole aspects of this case, we are fully convinced that the allegations put forward by the complainants are highly genuine. So the complaint is to be allowed. All the issues are found in favour of the complainants.
In the result, for the ends of justice, we hereby direct the opposite parties to return the amount of Rs.2,50000 /- (Rupees two lakhs fifty thousand only) with 18% interest from August 2006 till the date of repayment of the entire amount and pay a compensation of Rs. 10,000/- (Rupees Ten thousand only) to the complainants for their mental agony, pain, sufferings, inconvenience and loss due to the grossest deficiency in service and culpable negligence on the part of the opposite parties and further pay a sum of Rs. 1000/- (Rupees One thousand only) as cost of this proceedings. We further direct the opposite parties to pay the above said amounts to the complainants within the 30 days from the date of receipt of this order.
Pronounced in open Forum on this the 31st day of August, 2011.
Sd/- Smt. N. Shajitha Beevi
Sd/- Sri. Jimmy Korah
Sd/-Sri. K. Anirudhan
Appendix:-
Evidence of the complainant:-
Ext. A1 - Pass book of 2nd complainant
Ext. A2 - Pass book of 1st complainant
Ext.A3 - Pass book of complainant
Ext.A4 - Pass book
Evidence of the opposite parties:- Nil
// True Copy //
By Order
Senior Superintendent
To
Complainant/Opposite Parties/S.F.
Typed by:- sh/-
Compared by:-
