ORDER

U.V. Bakre, President.—By this Complaint filed under Section 12 of the Consumers Protection Act, 1986 (the "Act", for short), the Complainant has prayed to direct the Opposite Party (OP, for short) to pay to him the following amounts towards damages caused to him for negligence on the part of the OP:- (a) Rs. 1,00,000/- towards cost of return ticket to Goa; (b) Rs. 44,00,000/- for the loss and injury on account of deprivation of business opportunity and mental agony and potential liability towards compensation to the Overseas Associates of Mr. Sudhir Gude; (c) Rs. 50,00,000/- for loss of reputation and business opportunity (together with interest @ 18% p.a. till the date of actual payment); and (d) Rs. 2,000/- towards cost of the notice.

2. Case of the Complainant, in short, is as follows:

The Complainant is the customer of the OP which is a nationalised bank. The Complainant holds Account No. 100710100017119. The Complainant is a reputed doctor having his own clinic and is also connected with various hospitals on scheduled visits arranged in advance. The Complainant needed to raise a substantial amount of investment funds to the tune of USD$ 25 million for his overseas ventur