B.N.P.SINGH, S.K.NAIK
Arun Kashinath Pingale (Wani) – Appellant
Versus
Madhukar Sonanis – Respondent
B.N.P. Singh, Presiding Member—Learned counsel for petitioners and respondents were heard at length on admission issue. To appreciate the rival contentions raised with all ingenuity, the salient features of the case need to be noticed with brevity.
2. Factual matrix are that petitioners who run Suyog Departmental Stores floated a Scheme “Suyog Thev Yojana” attracting their customers to make deposit of sums with them on monthly interest payable @ 2% by them on deposits, in term of either discount on the goods purchased, or cash, which followed execution of agreement between the parties sometimes in May, 2001 and July, 2001. Though this arrangement of giving discount on purchases made either in cash or in term of interest functioned for some period smoothly when interest accrued on deposits used to be paid to the creditors, after petitioners failed to make payment of interest accrued on deposits, respondents having taken recourse to consumer grievance redressal agency, filed a complaint with District Forum. Complaint was resisted by petitioners both on maintainability of complaint and also on merit. The issue of belated filing of complaint, District Forum having no pecuniary ju
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