JUDGEMENT
M.THANIKACHALAM, J. -
(1.) The 4th opposite party is the appellant.
(2.) The complainant/first respondent had purchased a Certificate from the
first opposite party under the UTI MEP 92 for the period from 1992 to
March 2002, having the maturity value of Rs.12,800/-. After maturity, the
complainant informed the first and second opposite party, sending the
original certificate also for processing, to receive the maturity amount.
Despite repeated requests, letters, they have not sent the maturity
amount. The complainant had the Savings Bank Account with the 4th
opposite party and the Account Number is 25170. At later stage, the
complainant came to know the maturity amount was honoured by the 4th
opposite party in the Account No.1811 in the name of wrong person,
thereby all the opposite parties have committed deficiency in service,
for which, the complainant is entitled to compensation as well as refund
of the maturity amount. Thus, claiming a consumer complaint before the
District Forum, Salem.
(3.) The 4th opposite party alone contested the case, admitting that the
complainant is the account holder of their branch, opposing the claim,
contending that the first and second opposite parties have not sent the
matured amount and therefore, they are not liable to pay either the
matured amount or any compensation, for the alleged deficiency.;
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