TaxTMI 
TaxTMI 
1998 (2) TMI 460
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....ging deficiency in service on the part of the appellant in the matter of conversion of the National Saving Certificates and payment of interest, etc., has been allowed, by passing the following order: "Therefore, in our opinion, the complainant has a good case and the opposite party is liable to make the payment of the National Saving Certificates at least at the rate of the 7th Issue. They will also be liable to payment of the interest at the same rate on which the interest was payable on the NSCs till the date of realisation. They shall also pay Rs. 500 as further damages to the claimant on account of loss of interest." 2. The complainant-Market Committee approached the learned District Forum with the grievance that they had purchased f....
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.... not stayed, irreparable loss is liable to be caused to the appellant. The appellant does not dispute their liability to pay the basic amount along with interest at the rate of Savings Bank Account. Therefore, the only dispute survives regarding interest to be paid on the amount which was deposited with the appellant. The appellant is directed to pay the basic amount of Rs. 3,00,000 to the respondent within a period of two weeks. The amount of interest may be paid after the disposal of the appeal. The proceedings before the District Forum with regard to the interest part are stayed till the final disposal of this appeal." 4. This order has since been complied with and the principal amount has since been returned to the complainant-Market C....