Consumer panel directs jeweller to return 2-kg silver to investor
Mohali, June 13 -- The district consumer disputes redressal commission has directed a Zirakpur-based jeweller to return 2.655 kg of silver deposited by a Chandigarh woman under an investment scheme and pay the balance interest amount along with compensation.
Commission's president SK Aggarwal and member Lt Col Jasbir Singh Bath passed the order on a complaint filed by Palak, a resident of Chandigarh, against Shree Balaji Jewellers of Baltana, Zirakpur.
According to the complaint, Palak deposited 2.655-kg silver with the jeweller on May 27, 2025, under a silver investment bond. The agreement provided for a lock-in period of three months, after which the firm was required to return the deposited silver along with the agreed interest.
The...
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