Mr.Amit Mahajan, Advocate appearing for the appellant states that, since the company is not in a position to offer the same plot which was allotted to the complainant in Augusta Park, Sector 109, SAS Nagar, Mohali, as per his instructions, the appellant is willing to refund to the complainant a sum of `51,70,472/-, stated to have been deposited by him, along with interest @ 12% from the respective dates of deposits till realization.  The respondent, who is present in person, and has been identified by his counsel Mr.Rajeev Ranjan Kumar, states that the offer made by the appellant company is acceptable to him.

          In that view of the matter, with the consent of both the parties, we dispose of the appeal with a direction that the complainant would be entitled to refund of the aforesaid amount of `51,70,472/- along with interest @ 12% from the date of each deposit till the date of refund, as full and final settlement of his claim against the appellant company.

It is pointed out that the principal amount of Rs.51,70,472/- has already been deposited by the appellant in this Commission in terms of order dated 3.12.2013.  If that be so, the said amount shall be released to the complainant forthwith.  Interest payable on the said amount on agreed terms shall be paid by the appellant to the complainant directly within 6 weeks from today.

In case, the aforesaid amount has been invested in a Fixed Deposit Receipt, the office is directed to get the FDR encashed forthwith and release the entire amount so received to the complainant.

The appeal stands disposed of in the above terms.