S. SUNDARAVADIVELU, TMT. S. OUMASANGUERY
Branch Manager, Life Insurance Corporation – Appellant
Versus
L. Sundararajan – Respondent
ORDER
Dr. S. Sundaravadivelu, Presiding Member.—This appeal has been filed under section 15 of Consumer Protection Act against the order of the District Consumer Disputes Redressal Commission, Puducherry (hereinafter referred as District Commission in short)in CC No.30/2012 dated 19.07.2023. The District Commission had heard the complaint on remittance from the Hon’ble National Consumer Disputes Redressal Commission and has given its order. In the complaint before the District Commission, the appellants herein were the Opposite parties 1 to 3 and the Respondent 1 herein was the complainant and the Respondent 2 herein was the Opposite Party 4.Herein after, the parties are referred to by the same nomenclature as in the original complaint before the District Commission for the sake of convenience.
The Gist of the complaint is as follows:
2. The complainant had taken a money back policy from the LIC vide policy No.730568459 for a period of 15 years i.e. from 28.08.1995 to 28.09.2009. The annual premium amount of Rs.4310/- was to be transferred from the complainant’s EPF account No.PC/20/6297 to the LIC. The sum assured was Rs.50,000/-. 25% of the sum assured (Rs.12,500/-) was to be tra
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