A contractor has been released his FDR pledged as securirty after 15 years. The authority who took security did not renew the FD on due renewal, Contractor is in loss of Interst for 15 years. Can he claim interst within Consumer law?
It is the responsibility of the FDR holder (in this case the contractor) to get the FDR renewed from time to time. It is not the responsibility of anybody else. Therefore the question of seeking any compensation etc. does not arise.