Submitted by: r sampath
Complaint Details:
The redemption amount and interest total Rs 9 lakhs on NC debentures due on 9 Oct 2017 has not been paid yet, under the pretext of RTGS rejection by bank.The amount should have been sent by DD or cheque by speed post within 2 days.I loose interest at the rate of 300 Rs per day.
The delay is intentional and taking investors for a ride like cheat finance companies. Govt should strongly deal with such defaulting companies dodging repayment for such flimsy reasons.