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PER DR. B.C. GUPTA, MEMBER   This revision petition has been filed under Section 21(b) of the Consumer Protection Act, 1986 against the order dated 06.09.2011 passed by the Gujarat State Consumer Disputes Redressal Commission, Ahmedabad (hereinafter referred to as State Commission) in First Appeal No. 269 of 2010, vide which the said appeal against order dated 10.02.2010 passed by the District Consumer Disputes Redressal Forum, Sabarkantha was ordered to be dismissed.

2. Briefly stated, the facts giving rise to the present petition are that the complainant Mistry Jayantilal Vithaldas and his family members deposited certain amounts of money under fixed deposit with the respondent/opposite party, the Idar Nagrik Sahakari Bank Ltd., which is registered as a Cooperative Bank. The money was deposited under the Sahkar Laxmi Deposit Scheme introduced by the Bank and a number of certificates were issued by the Bank in the name of the complainant and his family members, undertaking the amount payable on maturity after a certain period of years. The deposits were made on different dates during the years 1998. It was indicated in the scheme that the rate of interest shall be 12 % and fixed sums shall be payable at the end of a particular period, as far example, in this case, a sum of Rs. 34,240/- was payable at the end of 10 years. It was also mentioned that if the investor desired to withdraw the amount within a period of three years, only the principal amount would be returned without any interest. The period of ten years was to expire in the year 2008 but the Bank decided to lower the rate of interest on such deposits in the month of February, 2004, following certain circular issued by the Reserve Bank of India (RBI) in the year 2002.