This is a complaint filed U/Sec.12 of the Consumer Protection Act, 1986.<br /> The brief facts of the case are that, on 30/3/2007 the complainant has paid a sum of Rs. 57,225/- to the opposite party to obtain Key Man Insurance Policy. He has made several demands and requests calling upon the opposite party to issue policy bond. Therefore, the complainant has prayed to issue direction to the opposite party to issue Key Man Insurance Policy Bond and direct the opposite party to pay damages of Rs.1,00,000/-.<br /> Notice was issued to opposite party. The opposite party put in appearance and filed defense version stating that the complainant has failed to furnish particulars. The proposal form submitted by the partnership firm could not consider for want of particulars. Hence, the question of sending policy bond to the complainant will not arise. An amount of Rs.57,225/- was received is kept under suspense account. <br /> Affidavit evidence of both the parties filed. Arguments Heard. <br /> REASONS<br /> During the pendency of the proceedings the opposite party refunded Rs.70,196/- has been paid by the opposite party and a cheque for that amount in the name of S.L.V. Engineering had been given to the complainant. The complainant has received the cheque on 20/2/2008 in the open court. So, in view of the payment of the amount with interest the matter requires to be disposed off as no dispute remained to be settled. We are happy that the opposite party in all farness had refunded the amount paid by the complainant with interest. The steps taken by the opposite party in refunding the amount is appreciated. The complaint filed by the complainant deserves to be disposed off as the matter has been settled amicably. In the result, I proceed to pass the following:-<br /> ORDER<br /> The complaint is disposed off as the matter is settled between the parties.<br /> <br /> Order accordingly,<br /> <br /> PRESIDENT<br /> We concur the above findings.<br /> <br /> MEMBER MEMBER<br /> <br /> <br />