1993 (10) TMI 271

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....mplainant. Dinesh Madhra for the Respondent. ORDER Ram Lal Gupta, Member - Uncalled for delay on the part of the Unit Trust of India in transferring the shares in the name of the complainant, in short, is the pith and substance of the present complaint. Aggrieved by that delay, the complainant has preferred the present complaint. 2. The wheel of the facts around which the present complaint mov....

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....of Daryaganj who had sold these to her. The signatures of the transferor differed with the specimen signatures recorded with them. In October 1992 the complainant has been duly transferred the shares submitted by her to respondent-2 in September 1990, manifestly at much belated stage and after a long period without any cause or reason. 3. On the notice being served, respondent-1 Unit Trust of Ind....

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....ardstick for measuring the loss and granting compensation for the delay caused in transferring the shares to the complainant. The delay of more than two years in transferring 500 shares to the complainant is apparent and respondents-1 and 2 have been proved to be deficient in discharging service to the complainant. The quantum of compensation to be awarded to the complainant, in the facts and circ....