R.C.JAIN, S.K.NAIK
Bhagwanji D. Patel – Appellant
Versus
Chairman and Managing Director Indian Bank – Respondent
R.C. Jain, Presiding Member—Through this application, opposite parties Indian Bank and its functionaries have prayed for dismissal of the complaint on the ground that this Commission has no jurisdiction to entertain and try the present complaint.
2. The facts and circumstances which led to the filing of the present application are that Shri Bhagwanji D. Patel and Smt. Indira B. Patel, ordinarily residents of Leicester, UK have filed the complaint before this Commission alleging deficiency in service on the part of the opposite party bank and its functionaries in regard to the sum of 1,96,749.24 Great Britain Pound deposited by them with the opposite party bank in Foreign Currencies Fixed Deposit known as Foreign Currencies Non-Resident (Bank) account (‘in short, [FCNR (B) account’)]. For conducting the transactions, they had appointed Shri Harish D. Patel as their attorney vide Power of Attorney dated 8.10.1994. According to the complainant, they were entitled to receive a total sum of 2,117,45.85 GB Pound on the date of maturity on 6.3.2005 of FCNR (B) account receipt No. 409337 dated 17.3.2003 and on receipt of the same, he noted that the said receipt tend to over another FC
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