Querist :
Anonymous
(Querist) 23 February 2011
This query is : Resolved
whether the consumer forum has a right to transfer the degree amount into fixed deposit of A BANK on behalf of the degree/judgement holder.
Parveen Kr. Aggarwal
(Expert) 23 February 2011
Please elaborate the facts of your case. There must be some justification for the Consumer Forum to transfer the amount to Fixed Deposit of a bank on behalf of the decree holder/judgment debtor.
Raj Kumar Makkad
(Expert) 23 February 2011
Consumer Forum can get deposited the amount awarded in compensation into a FD in the name of decree-holder/complainant for a certain term subject to certain conditions.
Sachin Bhatia
(Expert) 28 February 2011
Yes in some conditions consumer forum can transfer the degree amount into fixed deposite.
Sarvesh Kumar Sharma Advocate
(Expert) 28 February 2011
fix diposit,part payment,and some other remedies are discrietion of fourm.
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