Alchemist Infra Realty Ltd — Maturity cheque returned due to insufficient funds

Address:

Mumbai City, Maharashtra

I had invested INR 20, 000 in 2009 which was supposed to mature in Dec 2014. I received my cheque in January 2015 with a cheque dated 13th June 2015. When I deposited the cheque in June, the cheque was returned saying insufficient balance. The company is not responding and only asking us to wait declaring that they are clearing in phases and as of now March cheques are getting cleared. One of the employees also informed us that the company was facing issues in accumulating funds due to some raid from IT.