THE HON’BLE Ms. JUSTICE G.ROHINI COMPANY APPLICATION No. 975 of 2010 Date: 02.02.2011 Between: M/s. Mamatha Chit Fund (P) Limited, Hyderabad. …Applicant And Smt. B.Pushpavathi …Respondent THE HON’BLE Ms. JUSTICE G.ROHINI COMPANY APPLICATION No. 975 OF 2010 O R D E R : This application is filed by the Official Liquidator representing M/s. Mamatha Chit Fund (P) Limited, the company in provisional liquidation seeking recovery of a sum of Rs.4,000/- along with interest @ 12% per annum with effect from 31.05.2000 till the date of realization from the respondent herein. It is pleaded that the respondent is a prized subscriber to T.No.10 of Chit Group No.LP16E of the company in liquidation. Alleging that the respondent paid the chit subscription of Rs.46,000/- for 46 instalments leaving a balance of Rs.4,000/-, the present application is filed for recovery of the said remaining unpaid amount. Despite notice, the respondent did not choose to appear. An affidavit of PW.1 in lieu of Chief-examination has been filed on behalf of the applicant and Exs.A.1 to A.16 documents have been marked. Ex.A.1 is the Agreement of Chit dated 19.09.1996 signed by respondent herein. Ex.A.2 is the promissory note executed by respondent herein. Ex.A.3 is the surety and security proposal form executed by respondent herein. Ex.A4 is the Prized subscriber bid payment final statement signed by respondent herein. Ex.A.5 is the Main Cash Voucher signed by respondent herein. Ex.A.6 is the Bid Authorisation cum Offer Form signed by respondent herein. Ex.A.7 is the certified copy of chit ledger folio in T.No.10 of Group No.LP16E. Ex.A.8 is the Certified true copy of page No.88 of revised list of debtors of statement of affairs filed by Ex-Managing Director of the company on 17.01.2003. Ex.A.9 is the office copy of notice dated 28.04.2003 issued to respondent herein. Ex.A.10 is the acknowledgement card received from respondent herein. Ex.A.11 is the reply dated 03.05.2003 received from respondent herein. Ex.A.12 is the office copy of letter dated 30.06.2003 issued to respondent herein. Ex.A.13 is the Acknowledgment card received from respondent herein. Ex.A.14 is the office copy of Reminder Notice dated 28.01.2010 issued to respondent herein. Ex.A.15 is the unserved return cover received from respondent herein. Ex.A.16 is the authorization letter dated 22.11.2010 issued by Official Liquidator. Heard the learned counsel for the Official Liquidator. The evidence of P.W.1 together with the documents marked as Exs.A.1 to A.16, clearly established that a sum of Rs.4,000/- is due and payable by the respondent. Therefore, C.A.No.975 of 2010 is allowed as prayed for holding that the respondent is liable to pay a sum of Rs.4,000/- with interest @ 12% per annum with effect from 31.05.2000 till the date of realization. No costs. _______________ G. ROHINI, J Date: 02.02.2011 Ivd