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K.K.SRIVASTAVA, P.K.VASUDEVA, DEVINDERJIT DHATT
BANKA FINANCE AND INVESTMENT SERVICE – Appellant
Versus
SUCHA SINGH BHATI – Respondent


Advocates:
Counsel for the Parties :
For the Appellant :Mr. B.B. Mittal, Advocate.
For the Respondent No. 1:Mr. Ravi Sharma, Advocate.

ORDER

Mr. Justice K.K. Srivastava, President—This is an appeal filed against the order dated 13.6.2000 passed by the District Consumer Disputes Redressal Forum-II, U.T., Chandigarh in Complaint Case No. 862 of 1998.

2. The complainant/respondent No. 1 Shri Sucha Singh Bhatti deposited a sum of Rs. 15,000/- with opposite party No. 1 of the complaint i.e. Arihant Credit Capital Ltd. c/o ATN Arihant International Ltd., through its Managing Director Sh. Parmod Jain, No. 161, 204, Thapar House, Community Centre, Gulmohar Enclave, Gautam Nagar, New Delhi and the appellant - Banka Finance and Investment Service, Pachhi House (F.F.) SCO No. 98-99-100, Sector 17-D, Chandigarh through Shri Surinder Kumar Jindal, proprietor. The said deposit of Rs. 15,000/- was for a period of 12 months and was made on 9.10.1996. The said deposit carried interest at the rate of 15% per annum. The maturity value of the said deposit was mentioned as Rs. 17,412/- in the deposit receipt Annexure C-1 and it was to become payable on 8.11.1997. After the said deposit matured for payment, the complainant applied for the payment of the maturity value of Rs. 17,412/-. It was averred that the complainant was, however, mad

















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