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Penalised for non-payment
Our Correspondent
Ludhiana, January 8
In an ex parte order, the District Consumer Disputes Redressal Forum has directed Bachan Auto Hire Purchase Private Limited, Diamond Complex, Ludhiana, to pay Rs 15,000 as principal along with Rs 7,350 as interest on the fixed deposit by Mr Inderpal Singh, a resident of Vishwakarma Colony. The forum has also directed the company to pay interest on the principal amount at the rate of 18 per cent from December 10, 2000, till actual payment along with Rs 500 as cost of litigation to the consumer. According to the complaint, the consumer had deposited Rs 15,000 through fixed deposit receipt no. 2031 on June 10, 1997, with the respondent on which interest at the rate of 14 per cent per annum was payable. The representative of the complainant, Mr S.S. Sarna stated before the forum that deposited amount was payable along with interest at maturity on December 10, 2000. But when the consumer demanded his due amount on maturity, he was refused by the respondent to pay the amount, he added. It was alleged that instead of paying the due amount, the consumer was asked not to visit the office of the respondent for demanding the said amount. Mr Sarna disclosed, “Rs 15,000 as principal amount and Rs 7,350 on account of interest on the said amount interest is due till date.” He demanded from the forum to direct the respondent to pay the said amount. The forum observed that Rs 15,000 was deposited by the consumer on which interest at the rate of 14 per cent was payable, but the opposite party did not pay the same. The forum held that it was clear deficiency on part of the respondent for not paying the due amount in time. 
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