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R.K.BATTA, P.D.SHENOY
Ashish Rameshchandra Birla – Appellant
Versus
Murlidhar Rajdhar Patil – Respondent


Advocates:
Counsel for the Parties:
For the Petitioner:Mr. S.K. Gupta, Advocate.

ORDER

Dr. P.D. Shenoy, Member—A pensioner —Mr. Murlidhar Rajdhar Patil, aged 67 years, had deposited his hard earned earnings of Rs. 50,000 for one year @ 12% per annum with Siddhi Vyankatesh Urban Co-operative Credit Society Ltd., Jalgaon, (for short the “Society”) under the special scheme called Shri Siddhi Vyankatesh Deposit Yojana on 4th November 2005, which was to mature on 4th December 2006. The Society told the complainant to invest the advance interest amount of Rs. 6,000 by paying Rs. 1,000 more i.e. Rs. 7,000. A receipt was issued on 4th November 2005 and interest rate at 11% per annum. The said fixed deposit was to mature on 4th December 2006, but the amount was not refunded. The District Forum passed the following order.

(a) The complaint application of the complainant is partly allowed.

(b) The respondents nos. 1 to 17 are jointly and severally directed to issue duplicate fixed deposit receipt bearing No. 2143 of Rs. 50,000 and fixed deposit receipt bearing No. 002144 for Rs. 7,000 both dated 4th November 2005 and as the period of duplicate receipts had expired and as the complainant has demanded amount thereunder as per rule after expiry of period of fixed deposits,











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