2000 (8) TMI 1038

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....FORMA, MEMBER   ORDER Datta, President - The appellant appears in person. The respondents are represented by their counsel. By the impugned judgment dated 18-2-1998, the Forum dismissed the complaint on the ground that the complainant cannot be regarded as a consumer. 2. What happened in this case is that the complainant with the intention of purchasing shares of Global Trust Bank....

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..... The complainant who appears in person being aggrieved by the decision of the Forum has prayed for refund of the amount deposited by him with the Vaisya Bank as price for the shares. He has claimed that Rs. 5,000 was paid to Vaisya Bank for onward transmission to Global Trust Bank as price of the shares. The Banker of the complainant was Allahabad Bank. The petitioner had issued cheque upon this ....

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.... 3. Now the main prayer of the complainant is to get back the amount which he has paid to Vaisya Bank. We think that the complainant is within his right to get back the amount and the Vaisya Bank is required to pay Rs. 5,000 to the complainant together with interest at the rate 12 per cent from the date on which the cheque was encashed by it to the date of payment. In this view of the matter, we....