Full Judgment
JUSTICE SHRI. K.R. UDAYABHANU: PRESIDENT
The appellants are the opposite parties in CC.124/11 in file of CDRF, Kottayam who are under orders to refund a sum of Rs.2,60,000/- with interest at 10% from the date of maturity till realization. The appellants/opposite parties were exparte before the Forum. Opposite parties have sought for an opportunity to contest the matter.
2. In the circumstances the order of the Forum is set aside on condition that the opposite parties pay a sum of Rs.10,000/- towards cost to the complainant as well as to pay the deposit amount, ie Rs.1,30,000/- with interest at 12% from the date of deposit. On payment of cost and deposit of the above amount the Forum will permit the opposite parties to contest the matter. The matter stands posted before the Forum on 28.2.2012.
Office will forward a copy of this order to the Forum.