BEFORE THE DISTRICT CONSUMER FORUM AT NALGONDA
PRESENT: SRI D.SINGARA CHARY, B.A., LL.B.,
PRESIDENT.
SRI K.VINODH REDDY, B.Sc.,
MALE MEMBER.
SMT.CH.A.LATHA KUMARI, M.A.,M.Sc.,LL.M.,
FEMALE MEMBER.
. . .
MONDAY, THE TWENTY NINTH DAY OF APRIL, 2013
CONSUMER COMPLAINT No. 48 OF 2012
Between:
Mohd.Jamaluddin S/o Janimiya, Age: 37 years, Occ: Business,
R/o H.No.5-12-115, Rahamath Nagar, Nalgonda Town and District.
…Complainant.
And
Shriram Chits Private Limited, represented by its Foremen/Branch-
Manager, D.No.16 to 21, New Prakasham Bazar Complex,
Nalgonda Town and District.
…OPPOSITE PARTY.
This complaint coming on before us for final hearing on this day, in the presence of Sri S.Radha Krishna, Advocate for the Complainant, and Sri M.Narsimha Reddy, Advocate for Opposite Party, and on perusing the material papers on record, the Forum passed the following:
ORDER OF THE FORUM DELIVERED
BY SRI D.SINGARA CHARY, PRESIDENT
Both the counsels for parties have filed a memo of compromise. The complaint is closed in terms of compromise. The memo of compromise shall be made part of this order. No costs.
Written and corrected by me and pronounced by us in the open Forum on this 29th day of April, 2013.
FEMALE MEMBER MEMBER PRESIDENT
TERMS OF COMPROMISE
That the Opposite Party has agreed to allot a broken chit in chit group No.NLYZ 10/09 to the Complainant and the total value of the chit is Rs.3,00,000/- for a period of 50 months at the rate of Rs.6,000/- per month and the amount paid by the Complainant in the earlier chit will be adjusted in the present chit and the Opposite Party has agreed to allot bid in the next auction and the Complainant has to furnish sureties to the satisfaction of the Opposite Party as submitted earlier for the future liability and the Opposite Party has to pay the total prize amount of the said chit to the Complainant within 30 days from the date of auction. The Complainant has agreed the above said terms. Sureties furnished earlier will be accepted.
FEMALE MEMBER MEMBER PRESIDENT
