R.C.JAIN, ANUPAM DASGUPTA
Jugmandar Dass Bansal – Appellant
Versus
Tapoban Housing Finance Ltd. – Respondent
R.C. Jain, Presiding Member—Aggrieved by the order dated 20.12.2005 passed by Delhi State Consumer Disputes Redressal Commission in execution no. 292/94 in complaint case no. C-262/92, the original complainant has filed the present appeal. The case has a somewhat chequered history which we would like to notice before we dwell on the real controversy.
2. Mr. Jugmandar Dass Bansal -appellant herein had filed the complaint against the President, Managing Director and Director of M/s Tapoban Housing Finance Ltd. and others claiming a sum of Rs. 1,21,795/- under different heads with interest @ 24% p.a. w.e.f.01.07.92 till the date of payment on the allegations that he had deposited a sum of Rs. 54000/- ( Rs. 4000/- on 10.12.1990 and Rs. 50000/- on 31.12.1990) with the opposite party-respondent through receipt nos. 37 and 38 on the assurance that the amount shall be refunded to him with interest. The amount was, however, not paid on the date of maturity or even much thereafter. Therefore, the complaint was filed for the recovery of the said amount and the interest accrued thereon @ 24% p.a. w.e.f. 03.01.1991 to 30.06.1992 and conveyance expense and loss of Rs.20,000/-. Due to n
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