ORDER

This revision petition under section 21(b) of the Consumer Protection Act, 1986 (in short, the ‘Act’) assails the order dated 13.04.2015 in First Appeal No. A/10/195 of the State Consumer Disputes Redressal Commission, Maharashtra, Circuit Bench at Aurangabad (in short, the ‘State Commission’) dismissing the appeal and upholding order dated 24.06.2005 of the District Consumer Disputes Redressal Forum, Nanded (in short, the ‘District Forum’) in Consumer Complaint no. 175 of 2004.

2. The brief facts of the case, according to the petitioner, are that he was an Independent Director in Suman Motels Ltd. The respondent had deposited Rs 1,00,000/- with M/s Suman Resorts (India) Ltd in response to a scheme of “Holiday Bonds” which had offered interest @18% p.a. with effect from 27.06.2004 and dividend thereon. It is submitted that Suman Resorts (India) Ltd. went into liquidation in 2003 and an Official Liquidator was appointed on 28.03.2009. Respondent no. 1/complainant had filed Complaint No. 175/2004 under section 12 of the Act for recovery of money against Suman Motels Ltd. and Suman Resorts (India) Ltd. The District Forum passed ex parte orders against the revision petitioner dir