2000 (3) TMI 1016

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..... an appeal against the judgment and order dated 4-9-1998 passed by the District Consumer Forum, Muzaffarnagar in Complaint Case No. 321 of 1997. 2. The facts of the case stated in brief are that the complainant took one National Savings Certificate (NSC) on 30-3-1991 for a period of six years for Rs. 10,000. The opposite party refused to pay the amount of the NSC on its maturity. By letter date .....

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..... l for the appellant has argued that the National Savings Certificate can be issued only in the name of individual or joint names and it cannot be issued in the name of HUF. A reliance has been placed on rule 6 of the Important General Orders of the Post Office relating to encashment of certificates. Rule 6 provides that the NSCs in the name of members of an HUF cannot be issued but the karta of HU .....

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..... nterest. The post office, according to the Post Office Rules, refused to make payment of the interest. In that case it was held that the opening of an NSS account is merely an irregularity not amounting to a contravention within the meaning of rule 17 of the Post Office Savings Bank General Rules, 1981. Thus, the National Commission allowed interest on the 2nd account also even if it was opened in .....

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