I am Kalpesh Goyal from Sirohi Rajasthan. I invested near 10 Lakhs rupees into Adarsh Credit Co Operative Society. I have read article on your website about PIl listed on Supreme Court. In this article you mentioned some Liquidation webiste. Could you please share information of liquidation website. I can check status. Further could you please help me for this problem. I don’t know who is authority help me for this matter. If you are help me for this it would be highly appreciated.
I C Naik
Relationship between a Depositor and Credit Society is held to be that of Service receiver and service provider respectively. Where liability of a matured deposit is not honoured it is reckoned as a deficiency in service by the Service Provider it terms of Provisions of the Consumer Protection Act, 1986
Every district/State has District State Consumer Courts which accept Complaints of Consumers against service providers in respect of a deficiency in service. Complaints worth Rs 20 lacs or less are within the jurisdiction of a District Court. Consumer can himself argue Housing Society case as it is based on facts and not legal issues.