BEFORE THE DAKSHINA KANNADA DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, MANGALORE

Dated this the 28^th November 2014

PRESENT

           SMT. ASHA SHETTY           :   HON’BLE PRESIDENT

           SMT.LAVANYA M. RAI       :   MEMBER

ORDER

The complaint is allowed.  Opposite Party i.e. Shree Mookambika Finance Corporation Ltd., represented by its Managing Partner/Authorized Signatory shall pay the entire amount mentioned in the Fixed Deposit Receipt in CC.No.250/2014 Rs.16,000/- (Rupees Sixteen thousand only) i.e Ex.C1, in CC.No.251/2014 Rs.15,000/- (Rupees Fifteen Six thousand only) i.e Ex.C1 along with contractual rate of interest from the respective date of deposits till the date of maturity to the complainant and thereafter Opposite Party shall pay interest at the rate of 12% per annum from the respective date of maturity till the date of payment. And also pay Rs.2,000/- (Rupees two thousand only) each case towards the cost of the litigation expenses.  Payment shall be made within 30 days from the date of this order.

The F.D.R., if any, deposited by the Complainant be returned fourth with by substituting the certified.

The copy of this order as per the statutory requirements be forwarded to the parties free of charge and therefore the file be consigned to record.

                   PRESIDENT                             MEMBER