Orissa

Rayagada

CC/186/2015

Sri P.G.K.Anand Rao - Complainant(s)

Versus

The Manager, Direcotor, Golden Forests, - Opp.Party(s)

Self

12 Sep 2016

ORDER

DISTRICT   CONSUMER  DISPUTES REDRESSAL    FORUM, RAYAGADA

                                              C.C. Case  No.186/ 2015

                                                                       

 P R E S E N T .

Sri Pradeep Kumar Dash, LL.B,                             President.

Sri Gadadhara Sahu,B.Sc.                                      Member

Sri P.G.K.Anand Rao, S/o late P.Seeta Rama Charyulu, aged about 68 years, Senior Citizen, Permanent Resident of Gopi Niwas, Opp.to D.F.O, Office ,Raniguda Farm, Po/Ps/ Dist. Rayagada. Odisha.                                                       …….Complainant

                                                            Vrs.

The Managing Director, Golden Forests,(An Agro Forestry Concern, A Public Limited Company),Regd. & Head Office At: S.C.O 832-34,Golden Complex, Manimanjira, Chandigarh, Utter  Pradesh.-161101

                                                                                                ………..Opp.Party

Counsel for the parties:

For the complainant: In Person

For the O.Ps: Exparte

                                                            JUDGMENT

                        The facts of the complaint  in brief is that  the Opp.Party is public limited company who has invited public participation in investment and the complainant being  being attracted to their offering  invested   to  get a lump sum of Rs.80,000/-  through their representative vide proposal No.067899 dt.16/12/1994  vide demand draft No.794872  of SBI, Nabarangpur which was accepted by the O.p and sent the original receipt with a promise that the maturity value of Rs.80,000/- will be paid to the complainant after due date of maturity is 19/12/2014 .The complainant on its maturity applied for refund of the matured amount but it was not accepted by the O.P and the application was returned undelivered, this clearly shows the malafide intention of the O.p.  The complainant has also applied for the same to the Official liquidator at the Hon’ble High Court at Chandigarh and the letter  was also returned back . Hence, prayed  to do the needful and get the payments to the complainant and award monetary compensation for mental agony, financial loss and cost of litigation and such other relief as the forum deems fit and proper. Hence, this complaint.

                        Being noticed by this forum the opposite party remained silent and did not turn of to file any written version and in absence of any written version from the opposite party we proceeded  the matter exparte and  believed  the allegations of the complainant  and  hence, we passed the order and  dispose of the matter with the following directions.

                                                              ORDER

                        The  opposite parties  are     directed to refund   the deposited  amount of Rs.80,000/-  along with compensation of Rs.10,000/-  for mental agony undergone by the complainant and cost of Rs.500/- to the complainant within one month from the date of receipt of this order, failing which the O.P is  liable to pay  interest  @  12%  p.a. on the above awarded amount till  the date of payment.

                        Pronounced in open forum today on this 16^th  day of September,2016under the seal and signature of this forum.

                         A copy of this order as per the statutory requirements , be forwarded to the parties    free of charge.

 

Member                                                                                               President

Documents relied upon:

By the complainant:

1. Xerox copy  of money receipt No.94/LS.
2. Xerox copy of application form.

By the Opp.Party: Nil

 

                                                                                                 President