JUDGEMENT
M. THANIKACHALAM, J. -
(1.) The opposite party is the appellant.
(2.) The complainant/respondent, who had subscribed, in the chit group of
Rs.50,000/- [63D/96] conducted/floated by the opposite party, from
19.7.2004, became the successful bidder on 19.2.2005 at the time of 8th
draw. After the discount of Rs.12,000/-, the complainant is entitled to
the balance, for which, documents were executed. But, despite repeated
requests, the opposite party refused to release the amount, seeking
security, which was not the practice previously, thereby they have
committed deficiency in service, causing mental agony. Therefore, the
complainant is entitled to the collected sum of Rs.20,000/- with
interest, along with compensation of Rs.50,000/-. Hence, the complaint.
(3.) The opposite party, admitting that the complainant was a subscriber in
group No.63D/96 as well, he became successful bidder in the 8th draw,
resisted the complaint, contending that he failed for furnish the
security for the payments, which is mandated under law, that despite the
request to furnish security and take the amount, the complainant instead
of complying the same, unnecessarily filed the case, issuing notice and
since the opposite party has not committed any deficiency, the
complainant is not entitled to any relief, thereby praying for the
dismissal of the complaint.;
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