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Home Cooperative Queries

Query from Jahoor Mohammad

Mr. I C Naik by Mr. I C Naik
April 3, 2018
in Cooperative Queries
0
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Shriram Samarth Agro multi propose co-op society is not returning my money despite it having attained the maturity. Please guide me what should I do.

I C Naik

When a Cooperative society does not payback matured deposit amount it is guilty of deficiency in service as the depositor is a consumer of financial services rendered by the society as per Consumer Protection Act 1986. You can make a complaint against the cooperative society to the Consumer Court situated in the District your house is located.

Tags: Consumer courtcooperativesociety
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