Punjab

Sangrur

CC/463/2017

Sarabjit Kaur - Complainant(s)

Versus

SMD Infra Venture Pvt. Ltd. - Opp.Party(s)

Sh.Rohit Jain

16 Mar 2018

ORDER

 

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, SANGRUR

                             

                                                                   Complaint no. 463                                                                                        

                                                                  Instituted on:  13.09.2017                                                                                    

                                                                 Decided on:    16.03.2018

 

Sarabjit Kaur wife of Ravinder Singh resident of Benra Gate, Dhuri, District Sangrur.  

                                                …. Complainant.   

 

Versus

 

1.       SMD Infra Ventures Pvt. Limited, through its Branch Manager, Bus Stand to College Road, Near Prem Lata Hospital, Malerkotla, District Sangrur.

2.       SMD Infra Ventures Pvt. Limited through its Managing Director, 22B Balaji Enclave, Lohgarh Road, Zirakpur.

3.       Ravinder Singh son of Nek Singh ( Agent) resident of Dohla Darwaza, Dhuri Pind, District Sangrur.   

                                                  ….Opposite parties.

 

FOR THE COMPLAINANT:       Shri Rohit Jain,  Advocate                           

 

FOR THE OPP. PARTIES   :         Exparte

                          

 

Quorum

                                                

Sarita Garg,  Presiding Member

Vinod Kumar Gulati, Member

                 

 

ORDER:  

 

 

Sarita Garg, Presiding Member

 

1.             Sarabjit Kaur, complainant has preferred the present complaint against the opposite parties (referred to as OPs in short) on the ground that she obtained SMD Aadhar (SPP) Plan ( 500 days)  bearing registration number SMD02447 dated 11.12.2015 from the OP no.1 and  invested an amount of Rs.3,50,000/- .The OPs were bound to pay Rs.4,12,328/- on the maturity date i.e. on 23.04.2017.  On 23.04.2017, complainant surrendered the said certificate and requested to issue a receipt in this respect but they did not issue the same.  Thereafter the complainant requested the OPs so many times to release the maturity amount but they did not do so. Thus, alleging deficiency in service on the part of OPs, the complainant has sought following reliefs:- 

i)      OPs be directed to release the maturity amount of Rs.4,12,328- along with interest @24% per annum from 23.04.2017 till realization,

ii)     OPs be directed to pay to the complainant a sum of Rs.50,000/- on account mental agony and harassment

iii)    OPs be directed to pay Rs.22,000/- as litigation expenses.

2.             Notices were sent to the OPs but none has appeared for the OPs despite service. As such OPs were proceeded exparte.  

3.             The complainant has tendered documents Ex.C-1 to Ex.C-2 and closed evidence.

4.             From the perusal of documents placed on the file and after hearing the arguments of the learned counsel for the complainant, we find that it is the case of the complainant that she obtained SMD Aadhar (SPP) Plan ( 500 days)  bearing registration number SMD02447 dated 11.12.2015 from the OP no.1 and  invested an amount of Rs.3,50,000/- which is evident from copy of document Ex.C-2 . The complainant has further stated that the OPs were bound to pay Rs.4,12,328/- on the maturity date i.e. on 23.04.2017.  On 23.04.2017, complainant surrendered the said certificate and requested to issue a receipt in this respect but they did not issue the same.  Thereafter the complainant approached the OPs to release the maturity amount and surrendered the documents with the OPs but they did not release the maturity amount. The OPs have not come forward to contest the case of the complainant rather they chosen to remain exparte. As such evidence produced by the complainant has gone unrebutted on record.

5.             For the reasons recorded above, we allow the complaint and direct the OPs to pay to the complainant an amount of Rs.4,12,328/- alongwith interest @9% per annum from the date of filing of the complaint till realization. We further order the OPs to pay to the complainant an amount of Rs.3500/- on account mental pain agony and harassment and Rs.1500/- as litigation expenses.       

6.             This order of ours shall be complied with within 60 days from the date of receipt of copy of the order. A copy of the order be supplied to the parties free of charge. File be consigned to records in due course.                       

                Announced

                March 16, 2018

 

 

 

                  (Vinod Kumar Gulati)                      (SaritaGarg)                                                                                                                                                                                                                            

 Member                                  Presiding Member