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S.N.KAPOOR, B.K.TAIMNI
BUDH PRAKASH – Appellant
Versus
STATE BANK OF PATIALA – Respondent


Advocates Appeared:
Mr. Varun Kumar, Advocate, for the Appellant; Mr. Narinder Pal, Advocate, for the Respondent

ORDER

B.K. Taimni, Member - Appellant was the complainant before the State Commission, where he had filed a complaint alleging deficiency in service on the part of the respondents before us and three other persons who were made opposite parties before the State Commission.

2. Briefly stated the facts leading to filing the case were that it was the case of the complainant that he retired from Delhi Cloth Mill and was given his retirement benefits. Adding to this, the sale proceeds of his jewellery and plot of land, he deposited a total sum of Rs. 5,50,000 in ten FDs with the respondent Bank, allured by one of the employees Shri Vinod Kumar Kashyap, whom the complainant knew. It was the case of the complainant before the State Commission that out of ten FDRs, the complainant could get encashed only one FDR of Rs. 25,000 having maturity date of 22.3.1995. Remaining amount of Rs. 5,25,000 was grabbed by the opposite parties before the State Commission in collusion with each other. Seeing this, a Police complaint was filed on 19.5.1995. The AGM of the respondent Bank also carried out an investigation. As per complaint filed, it was the case of the complainant that OP No. 4 before the Stat

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