1999 (7) TMI 585 - Commission - Companies Law

Summary

In the case before the Maharashtra State Consumer Disputes Redressal Commission, it was found that Mr. Paresh Shah had forged signatures and failed to pay the complainants for shares worth Rs. 5,67,497. The Commission ordered Mr. Paresh Shah to pay Rs. 5,67,000 with 15% interest from 1-7-1996, along with Rs. 10,000 as costs to the complainants. The claim against the second opposite party was dismissed.