name. As per the Bonds, maturity
value of it on early redemption by either party was as under ... complainant never exercised the option of early redemption
of the Bond at any time. However, she was shocked to receive a letter
dated 29.4.2009 from
they shall immediately become, due and payable at their Early Redemption amount together with the accrued and unpaid interest (if any).
17.1 Non-Payment ... aforesaid interest installments, the Company also became liable to pay the Early Redemption Amount in terms of Condition 17 of the Bonds.
29 That
face value of the bond was as under:-
In case of withdraw/redemption Deemed face value
March 31, 1997 Rs. 5,700/-
March ... giving details
of bonds redeemed by exercising the call opinion for early
redemption. The respondent had deliberately had suppressed the
facts of right of call
through their
Agent. On intimation in December, 2009 for early redemption of bonds, the
complainant submitted original bonds on 10.12.2009 and in spite of that
receive
any information/ communication/intimation, from the Opposite Parties, regarding
its early redemption. It was further stated that, for the first time, the
complainant, received
debentures were
redeemable on or about 08/09/2005 and the early redemption date was
8/9/2002. The OP Company was to pay
interest
order passed in a final decree
application in a suit for redemption of mortgage.
2. The suit ... plaintiffs/appellants, in the suit for redemption,
a preliminary decree was passed as early as on 16.08.1983. The trial Court
directed the plaintiffs to deposit
order passed in a final decree
application in a suit for redemption of mortgage.
2. The suit ... plaintiffs/appellants, in the suit for redemption,
a preliminary decree was passed as early as on 16.08.1983. The trial Court
directed the plaintiffs to deposit
petitioner confines his relief to an early disposal of a
suit for redemption of mortgage. The petitioner is the plaintiff
therein and the respondent/defendant
were confiscated and allowed to be redeemed on payment of redemption fine of Rs.75,000/- and a penalty of Rs. 50,000/- was imposed ... respondents for early closure of the matter was appreciated by the Commissioner and he has shown leniency while imposing redemption of fine and penalty, taking
