M. Thanikachalam, President— The unsuccessful complainant is the appellant.

2. The complainant borrowed a sum of Rs. 8,100 as loan from the opposite party, by pledging his jewels, weighing 28 grams on 16.6.2001. The opposite party, in spite of repeated requests by the complainant, failed to inform the actual rate of interest, resulting non-payment of interest by the complainant. On 21.1.2004, when the complainant approached the opposite party to get particulars, regarding the rate of interest and amount payable by him, he was informed, that his chain was auctioned, for the default committed by the complainant. The opposite party has not informed the complainant about the non-payment of interest, as well failed to inform-notify, the actual date of auction, thereby they have committed deficiency, for which they are not only liable to return the jewel, but also pay a sum of Rs.50,000 as compensation. Hence the complaint.

3. The opposite party, admitting the pledging of the loan, and the payment of a sum of Rs.8,100, would contend inter alia, that notices were issued to the complainant, not only informing the non-payment of interest and principle, within the time prescribed, as w