Orissa

Rayagada

CC/365/2016

Sri Madhusudan Patnaik - Complainant(s)

Versus

The Brach Manager, Agrigold - Opp.Party(s)

Self

14 Dec 2017

ORDER

DISTRICT   CONSUMER  DISPUTES REDRESSAL    FORUM, RAYAGADA,

STATE:  ODISHA.

C.C. Case  No. 365 / 2016.                                                       Date. 14.   12   . 2017

P R E S E N T .

Dr. Aswini  Kumar Mohapatra,                       Preident.

Sri  Gadadhara Sahu,                                                                      Member.

Smt. Padmalaya  Mishra,                                                              Member.

 

Sri  Madhusudan Patnaik,  AT: Totagumuda,  Now staying at  Vill/Po: Chinasari,   Po/ Dist:Rayagada  (Odisha).765 001,                                                                                                                    …. Complainant.

Versus.

1.The Branch Manager, Agri Gold Farm Estate India Pvt Ltd, AT: Palace Street, Po:Parlakhemundi, Dist: Gajapati, State:Odisha.

2. The Managing Director,  Agri Gold Farm Estate India  Pvt. Ltd., Agri Gold house, Plot No.6, D- No. 40-6-3, Old Revenue colony, Nimmagadda, Somasekhara Road,  Lobbipet, 520010,  Vijayawada,   (A.P. ).

……...Opp.Parties

For the Complainant:-Self..

For the O.Ps.  :-  Set exparte.

.

JUDGMENT

                The  present dispute arises out of the complaint petition filed by the above named complainant alleging deficiency in service  against  afore mentioned O.Ps for non refund of the deposited amount on maturity.  The brief facts of the case  has summarised here under.

            The O.Ps  approached the complainant at door step to deposit amount  with the company to grow the amount and to  receive with highest  rate of   interest.    Several  time the O.Ps approached the complainant   to deposit the amount for their future life.  With all believe the complainant started an agentship  of his own account  &  other accounts of (1)Mr. Manjula Samal, W/O: Sri Ashok Samal of  Village:Totagumuda vide policy  No. OCT 11/78339/1034  a sum  of Rs. 10,000/-  deposited on Dt. 28.10.2011  with maturity value as on  dt. 28.10.2017  a sum of Rs. 20,000/-   (2) Sri Estoni Sabar, S/O: Linga Sabar of Village: Puduga vide policy No. OCT 11 /77788/1034 for an amount of Rs. 5,000/-  deposited  on Dt.13.10.2011  with maturity value a sum of Rs. 10,000/- (3) Priyanka Patnaik, D/O:  Debendra Patnaik,  of village Totagumuda vide policy No. JUN  05/18657/1034 for an amount of Rs.10,000/-  deposited on Dt.19.6.2005 with maturity value  as on Dt.15.6.2015 a  sum of Rs.35,000.00, (4) Laxmi Priya Patnaik, D/O: Debendra Patnaik  Village: Totagumuda vide policy No. JUN05/8657/1034 for an amount of  Rs.10,000/-  deposited  on Dt.19.6.2005 with maturity value as on Dt.15.6.2015  a sum of Rs.35,000/-.  The  agreement  was made with the O.Ps during the year   2005 and 2011 for a period of 3 years and 10 years respectively.  The O.Ps are agreed to refund the  maturity amount  on the date of  maturity.  Before completion  of its maturity period the complainant approached the O.P. No.1 and No.2  from time to time for refund the above  amount   as he depositors are in very much  in need of the amount  for their livelihood. But the approaches of the complainant  became futile and not heard the grievance of  the complainant. Hence this case. The complainant prays the forum direct  the O.Ps to  refund  maturity amounts  of all policies  with  up to  date  interest and such other relief as the hon’ble forum deems fit and proper for the best interest  of justice.

 

                In the instant case the copy of the complaint was referred to the O.Ps  directing to given  written version of the case.  After service of notice the O.Ps  failed to avail of the opportunity for filing  of the version of the case.  On number of dates they have  failed  to appear  on the version dates fixed. As the version of the case was not filed by the O.Ps within the time frame given, we have no alternative  but to resort to Section -13(2)(b)(ii) of the C.P. Act, 1986.

                We therefore proceed to dispose of the case, on its merit. We perused the complaint petition and the document filed by the complainant.

         FINDINGS.

          For determination  of this case the  point is to be answered.

          Whether there is any deficiency in service on the part of the opposite parties, if so can the complainant entitle for the reliefs prayed for?

          From the  documents filed by the complainant it reveals that the complainants had deposited  amount  in the above organization.  In support of  deposit of money in different  dates the Complainants  are filed  deposit slip which are marked as Annexure-I, II, III, IV .    Thus, it is clear that the complainants had  paid amounts  to the OPs. After that thy have made several demands to repay the said deposit amounts on maturity, but the opposite parties kept silent. Moreover, there is no denial by the opposite parties  regarding the deposits made by the complainants. As per the document  it is clear that the opposite parties collected so much amount from the public not only from the complainant and the public  and these acts of the opposite parties clearly shows their attitude and deficiency in service, hence, the opposite parties have to refunded maturity amounts to the complainants with 9% p.a. interest from the date of respective maturity till the date of realisation.

          The complainants with a  hope invested  amount with the opposite parties, but because of the acts of the opposite parties, the complainant deprived of to get back his matured amounts and  they have  moved  around the offices of the opposite parties and because of the acts of the opposite parties, they have  suffered financially and mentally. Hence, to compensate we allow  Rs.5,000/- towards compensation besides costs of Rs.1,500. Accordingly, this point is answered.

          In the result, the complaint is allowed in part, directing the opposite parties to pay the above maturity amounts as recorded in the statement issued by the O.Ps in favour of the complainants with 9% p.a. interest from the date of respective maturity till the date of realization. The opposite parties are further directed to pay Rs.5,000/-  towards compensation besides costs of Rs.1,500/-. The above order is to be complied within   one month from the date of receipt of this order. Service the copies of the order to the parties.

 Pronounced in the open Forum today on this the   14^th.    .    day  of , December, 2017 .

 

 

Member                 Member.                                                   President