LAW FOR ALL

The question of return of alleged pledged shares against the overdraft facility is still to be decided by this Commission and for this purposes parties have filed evidence by way of affidavit. No doubt, evidence was filed by way of affidavit in the year 2006 and this application for cross-examination of the complainant has been filed after 6 years which is very belated application, but in the interest of justice permission for cross-examination of complainant should be given as there may be some contradictory averments in the complaint, written letters and submissions before various forums. Consequently, I.A. No. 1/2012 filed by the opposite party is allowed subject to payment of cost of Rs.10,000/-. Opposite party is allowed to cross-examine complainant by submitting questionnaire to which reply shall be filed by the complainant on oath.