ORDER

Mrs. Basanti Devi, Member - This appeal has been directed against the orders dated 26.3.2003 of the District Forum, Cuttack in C.D. Case No. 111 of 2002.

2. The brief facts of the case, out of which this appeal arose is that the complainant-Braja Kishore Sahoo entered into an LIC Policy bearing No. 60469427 with the Life Insurance Corporation of India, represented by the opposite party for a period of twenty years on half yearly premium basis of Rs. 93 payable in the month of June and December each year. Last premium was to be paid in June, 2001. The complainant's specific case is that he had taken a loan from Vijaya Bank, Buxibazar, Cuttack pleasing the aforesaid policy on 19.4.2000 authorising the Vijaya Bank to collect the policy amount.Vide letter dated 15.5.2002, the opposite party informed as per a letter that Rs. 20,160 are due to him as against the LIC policy, but after deduction of Rs. 12,462 on different heads only a sum of Rs. 7,698 has been paid to the Vijaya Bank on 15.5.2002. According to the complainant, the LIC is not entitled to deduct Rs. 12,462 out of the policy amount on different heads. Therefore, he filed the aforesaid C.D. case to direct the opposite part