FIROZA BANO, N.C.SHARMA
HEADWAY FINANCE & INVESTMENT CO. LTD. – Appellant
Versus
CHANDRA MOHAN AGARWAL – Respondent
Mr. Justice Navin Chandra Sharma, President — The three revisions mentioned above will be decided by this common order as they involve identical questions of law and fact.
2. The petitioner in the revision petitions namely. The Headway Finance & Investment Co. Ltd., regd. office Agra had floated a guarantee money back investment scheme. Under this scheme any person could make a monthly payment of Rs. 100/- for 100 months and upon maturity, an amount of Rs. 10,000/- plus 4,500 was payable. Chandra Mohan Agarwal, Pramod Kumar Agarwal and Dinesh Chand Bansal had agreed to invest in the above saving scheme floated by the petitioner Company. Chandra Mohan Agarwal deposited 86 monthly instalments of Rs. 100/-, Pramod Kumar Agarwal deposited Rs. 4,000/- in quarterly instalments because the scheme to which he had contributed was quarterly. Dinesh Chand Bansal deposited a total amount of Rs. 4,000/- by quarterly instalments under quarterly deposit scheme. The Reserve Bank of India issued a prohibitory order restraining the petitioner-company from accepting the deposits. All the three complainants then filed complaint cases before the District Forum, Dholpur. Complaint Case No. 84/92 out
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