The investor should file a written complaint with CMIC stating the grounds for the complaint and attaching thereto documents to support the claim. If CMIC finds that there is probable cause for the complaint, CMIC will commence investigation.
A default judgment is a judgment entered by a civil court when a defendant does not respond timely to a plaintiffâs lawsuit brought against him.
â¢ DEFAULT JUDGEMENT (noun) The noun DEFAULT JUDGEMENT has 1 sense: 1. a judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court) Familiarity information: DEFAULT JUDGEMENT used as a noun is very rare. Dictionary entry details.