SMT. BANDANA ROY, PRESIDENT

This is a complaint made by one Bikash Kumar Hazra against the Branch Manager and Director of Alchemist Township India Limited, praying for a direction upon the OPs to return the amount of Rs. 150000/- along with interest till realization, and litigation cost as the Forum may deem fit.

In short, case of the Complainant, is that, he invested Rs. 150000/- at a time to the OP no. 2 through OP no.1 for a period of 3 years. The date of maturity was on 08.12.2014.  The complainant demanded the maturity value by depositing all the relevant documents and the OP issued a cheque no. 000938 dtd. 08.06.2015 for Rs.150000/- which complainant deposited but the same was dishonoured due to insufficient fund. Under the circumstances the complainant has filed this case for the reliefs as prayed for in the petition of complaint.

None of the OPs appeared to contest the case in spite of receiving summons so the case is heard ex-parte against OPs.

Point to be considered in this case is whether or not the Complainant is entitled to the relief(s) sought for by him.

Decision with reasons

We have carefully perused the affidavit of the complainant and all the documents filed by the complainant.

After consulting the uncontroverted documents of the complainant we have no hesitation to hold that the complainant is entitled get relief, as prayed for.

This complaint case, thus, succeeds.

Hence,

O R D E R E D

That CC/201/2017 be and the same is allowed ex parte against the OPs.

OPs are directed to pay Rs. 150000/- as stated in the certificate mentioned in the petition of complaint to the complainant within three months from the date of this order for ends of justice, in default, OPs will have to pay interest at the rate of 10% p.a. till final payment. OPs are further directed to pay Rs.1500/- as litigation cost to the complainant within three months from the date of this order, failing which OPs will be liable to pay Rs.100/- daily as punitive charges which will be payable to the Consumer Welfare Fund.

          Let the copies of the judgement be supplied to all the parties free of cost.