In a hotel near then Santacruz airport, Adventure Country Resorts Limited invited me and my wife for information of launch of there scheme in the year 1999. The whole setting was carefully and cleverly choreographed by the company agents.
The tactics used was peer pressure by suddenly rising of one of their agent from a table and announcing that the person they were communicating to has understood and is investing these many shares. this announcement was followed by ringing of bells and formal thanking. In hindsight it seems that those persons might have been planted by company to induce others to follow the suit.
We also came under pressure and planned to invest the minimum amount (Still quite big at that time) 4000/- as on ground had all components of allurement.
Thus we received 400 numbers of 12% cumulative redeemable preference share with Distinctive number[protected] to[protected] on 31st December, 1999.
in the name of Devendr Badola (myself), Abha D Badola (spouse) and Mayank D Badola (SON)
D13/1, New Airport Colony, Santacruz Airport, Mumbai ( then address)
Due to pre occupation and transfer from Mumbai to Guwahati we couldn't test any of the resort facility promised by the company.
But since then almost 23 and a half years have passed, there is no communication from the company about the state of affairs .
Now we came to know that company is going for liquidation. Before agreeing to that the company must honour its committment and pay to us our just amount . Was this information helpful? | 
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