TMI Blog1998 (12) TMI 488X X X X Extracts X X X X X X X X Extracts X X X X ..... posite party Kailash Chand Gupta, is proprietor of Kay Cee Investments. He represent-ed to the complainant that he and his wife Smt. Urmi Gupta, were stock and share brokers and provided professional services on payment of brokerage in the sale and purchase of stock and shares. Relying on the said representation the complainant handed over 900 shares of McLeod Russel (India) Ltd., Calcutta, as per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e said fact was con-firmed by them by their letter dated 12-12-1995 (Annexure B). It was also ascertained by the complainant that the sale proceeds of the shares had been duly credited to the account of the opposite party by Khaitan Co. in their books of account. The complainant instituted a criminal com- plaint on 28-7-1996 against the opposite party in the Court of ACM. The respondent made an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elivered raising presumption of service. The opposite party, however, failed to appear. The complainant has filed her own detailed affidavit besides the various documents to which reference has been made in the above narration. We have gone through the record and have heard learned counsel for the complainant. The facts averred in the complaint clearly go to show that the complainant had hired the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cted to pay to the complainant Rs. 2,43,810 alongwith interest @ 18 per cent per annum from 15-3-1995 till date of payment. In addition to the aforesaid amount the opposite party shall further pay Rs. 15,000 on account of compensation and costs. This order shall be complied with within four weeks of the receipt of a certified copy by the respondent failing which it will be open to the complainant ..... X X X X Extracts X X X X X X X X Extracts X X X X
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