Karnataka

Kodagu

CC/2010/29

K. Raghavendra Holla - Complainant(s)

Versus

The Manager ( The LIC if India) - Opp.Party(s)

J. sathish Baradwaj

29 Jul 2010

ORDER

KODAGU DISTRICT CONSUMER DISPUTES REDRESSAL FORUM
Akashvani Road Near Vartha Bhavan
Madikeri 571201
KARNATAKA STATE
PHONE 08272229852
 
Complaint Case No. CC/2010/29
 
1. K. Raghavendra Holla
S/O late K. seetharama Holla R/o at tourist lodge 16- 167 Mangalore Road Madikeri
...........Complainant(s)
Versus
1. The Manager ( The LIC if India)
Somwarpet Branch
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MR. M.S.Hegde Nagre PRESIDENT
 HON'BLE MR. K.S.Prasad Member
 HON'BLE MRS. A.S.Hemalatha Member
 
For the Complainant:
For the Opp. Party:
Dated : 29 Jul 2010
Final Order / Judgement

The Complaint here by allowed in part with cost of Rs.2000.

The OP here by directed to pay a sum of Rs.250000/- with other benefits if any to the complainant through his natural guardian complaint No.1 towards the death benefit on LIC money plus Policy No. 723767487 of deceased insured veena R. Holla.

Thye payable amount under this order shall carry future interset at the rate of 10 percent P.a from date of the complaint till realization. The amount to be recived fron OP comnplainant for and on behalf of complainant 3 shall be kept in fixed deposit in the name of complainant No.3 in any one of the branches of a Nationalized Bank of the choice of complaint No.1 till complainant No.3 attains majority with intimation to this forum and the interest there on to be accurued periodically may be utilized by complainant No1 for welfare of complainant No.3.

The OP shall comply the order within a period of 60 days from date of communication of this order

 
 
[HON'BLE MR. M.S.Hegde Nagre]
PRESIDENT
 
[HON'BLE MR. K.S.Prasad]
Member
 
[HON'BLE MRS. A.S.Hemalatha]
Member

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