[Resolved] Bilcare Limited — Principal payment on fdr maturity | |||
My Bilcare Ltd, Pune FDR No 812407 for Rs 2 lakh has matured on 28 Aug 2013. The FDR has been forwarded to the Registrars to the FDM/s Kisu Corporate services, Mumbai 400004 through M/s Bajaj Capital, Pune through whom I had made the FD, on 28 Jul 2013. I have received the interest warrant on the FDR for Rs 21956 with Rs 964 / - deducted as Tax. This is despite my submitting Form 15 G in Apr 2013. Therefore, I have forwarded the Form 15 G afresh for FY 2013-14 again along with the maturing FDR sent through Bajaj capital. To date I have not received any intimation nor the Principal / TDS deducted wrongly. The Company must pay additional interest for the delayed period as well. This should also act as a caution for those investing in such poor servicing companies. Prashant Widhani Mob No [protected] Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 43 Comments | |||
Comments
Another Satyam in the making.
The company, which was once touted as the World's Biggest Packaging company has defaulted on its interest payment.
My client, a housewife, with no other sources of income, has invested in the FD of this company and Bilcare has not paid her interest for the 1 year.
God Help
The company, which was once touted as the World's Biggest Packaging company has defaulted on its interest payment.
My client, a housewife, with no other sources of income, has invested in the FD of this company and Bilcare has not paid her interest for the 1 year.
God Help
Dear Bilcare FD Holder,
Bilcare had approached Company Law Board for extention of repayment of fixed deposits. On 06.08.2015 CLB has passed the order to repay Rs 40 Cr to depositors whose deposit amount is below Rs 1 lac and also depositors whose age is more than 70 years.
Company is not following this order and sending back all the depositors they have got the order to return the money in 15 months. Even to some depositors they have issued the letters also. They do not even show the order issued by CLB to the depositors.
As per Bilcare they will pay money to depositors who are more than 70 years of age and if their FD amount is below 1 lac. It means if anybody's FD amount is less than 1 lac and his age is not more than 70 years, then he/she will not get money.
As per Bilcare, age above 70 years and FD amount less than 1 lac is one condition. They are telling lies to all the depositors by twisting the words and giving wrong interpretation of CLB order.
Actually interpretation of CLB order is :
40 Crs to be paid within 7 months to following two category of depositors :
1. Depositors whose FD is below 1 lac.
2. Depositors whose age is more than 70 years irrespective of amount. Entire FD repayment to be done
Company one again cheating all us. Company is going under heavy losses and will close down any day. So rush to get back your money.
Contact me on [protected] if you need any details
Bilcare had approached Company Law Board for extention of repayment of fixed deposits. On 06.08.2015 CLB has passed the order to repay Rs 40 Cr to depositors whose deposit amount is below Rs 1 lac and also depositors whose age is more than 70 years.
Company is not following this order and sending back all the depositors they have got the order to return the money in 15 months. Even to some depositors they have issued the letters also. They do not even show the order issued by CLB to the depositors.
As per Bilcare they will pay money to depositors who are more than 70 years of age and if their FD amount is below 1 lac. It means if anybody's FD amount is less than 1 lac and his age is not more than 70 years, then he/she will not get money.
As per Bilcare, age above 70 years and FD amount less than 1 lac is one condition. They are telling lies to all the depositors by twisting the words and giving wrong interpretation of CLB order.
Actually interpretation of CLB order is :
40 Crs to be paid within 7 months to following two category of depositors :
1. Depositors whose FD is below 1 lac.
2. Depositors whose age is more than 70 years irrespective of amount. Entire FD repayment to be done
Company one again cheating all us. Company is going under heavy losses and will close down any day. So rush to get back your money.
Contact me on [protected] if you need any details
Name: S. Subramaniam
Email: [protected]@yahoo.com
Phone [protected]
Age 72
Amount of FD 2 Lakhs
Maurity date 05/09/2015
Email: [protected]@yahoo.com
Phone [protected]
Age 72
Amount of FD 2 Lakhs
Maurity date 05/09/2015
Principal Amount Rs. 50, 000/-
Due date original: 16-Jan-2014
Extended by Co. (1st extension on their own): 16-Jan-16
Second extension by Bilcare on their own: 16-Apr-17
Suffering a lot at age of 61 years (with recent road accident) can not walk upto Dec'15. Require money for medical treatment.
[protected]@yahoo.co.in
Due date original: 16-Jan-2014
Extended by Co. (1st extension on their own): 16-Jan-16
Second extension by Bilcare on their own: 16-Apr-17
Suffering a lot at age of 61 years (with recent road accident) can not walk upto Dec'15. Require money for medical treatment.
[protected]@yahoo.co.in
Principal amount Rs 75, 000/-
I am 75years old and me and my wife live only on interest.Need money very badly
S.S.Iyer
I am 75years old and me and my wife live only on interest.Need money very badly
S.S.Iyer
madhav narhar joshi
principal amt. rs 30000/_period 3yrs, maturity sept. 2015
i am 79 yrs old and need money for medical and old age related expences. on enquiry wit bilcare pune office i was told that as per their records i am below 70 yrs and therefore as per CLB order i will get? refund after 15 months. bilcare office is doing a fraud by altering data.
principal amt. rs 30000/_period 3yrs, maturity sept. 2015
i am 79 yrs old and need money for medical and old age related expences. on enquiry wit bilcare pune office i was told that as per their records i am below 70 yrs and therefore as per CLB order i will get? refund after 15 months. bilcare office is doing a fraud by altering data.
Principale amount - 50000 rupees
MRS PINA SHAILESH SHAH
Due Date original : 08/02/2014
Extended by co. ( 1st extension on their own ) : 07/02/2016
Second extension by bilcare on their own : 07/11/2016
Mail adress - [protected]@yahoo.com
mobile number - [protected]
required money for diposit to axis bank, i have taken a loan from axis bank, i have lot of entrest paid to axis bank
MRS PINA SHAILESH SHAH
Due Date original : 08/02/2014
Extended by co. ( 1st extension on their own ) : 07/02/2016
Second extension by bilcare on their own : 07/11/2016
Mail adress - [protected]@yahoo.com
mobile number - [protected]
required money for diposit to axis bank, i have taken a loan from axis bank, i have lot of entrest paid to axis bank
Name # G.KUMARAVADIVU
Receipt No. # 719426
Amount # 20000/-
Date of Deposit #[protected]
Date of Mature #[protected]
Deposit period # 36 Months
Email # [protected]@gmail.com
Mobile # [protected]
My FD matured in[protected], I plan to send my fd to bilcare for maturity amount, but Chennai Integrated office they advice me no need to send now, hold the fd it will take time settle money. Anybody send the fd and get new extension period fd or all holding old one only, Please clarify me...
Receipt No. # 719426
Amount # 20000/-
Date of Deposit #[protected]
Date of Mature #[protected]
Deposit period # 36 Months
Email # [protected]@gmail.com
Mobile # [protected]
My FD matured in[protected], I plan to send my fd to bilcare for maturity amount, but Chennai Integrated office they advice me no need to send now, hold the fd it will take time settle money. Anybody send the fd and get new extension period fd or all holding old one only, Please clarify me...
Name # Wilfred Gomez
Receipt No. # FDR 721957
Amount # 2, 00, 000
Date of Deposit # 29 Jan 2013
Date of Mature # 29 Jan 2016
Deposit period # 36 Months
Email # [protected]@yahoo.com
Mobile # [protected]
I am a senior citizen aged 69 years residing in Chennai. My FD matured on 29th Jan 2016, I had sent original FDR for repayment on 18 Jan 2016 and yet to get my maturity value. Please help me whom to contact or follow up in this regard...
Receipt No. # FDR 721957
Amount # 2, 00, 000
Date of Deposit # 29 Jan 2013
Date of Mature # 29 Jan 2016
Deposit period # 36 Months
Email # [protected]@yahoo.com
Mobile # [protected]
I am a senior citizen aged 69 years residing in Chennai. My FD matured on 29th Jan 2016, I had sent original FDR for repayment on 18 Jan 2016 and yet to get my maturity value. Please help me whom to contact or follow up in this regard...
Name B.Ganga
Age 66 Years/Female/Chennai
mail id [protected]@gmail.com
Phone[protected]
mobile [protected]
FDR No. 817701.Dated 12/10/2012
Amount %s.50, 000/-
Maturity Date 12/10/2015.
I am a senior citizen and home maker. No other income than my Husband"s meager pension. Having faced a big blow due to the heavy downpour and rains in November/December 2015 in Chennai by losing most of our personal belongings, we are left with nothing worthwhile to support our life. I am eagerly waiting for the refund of the cumulative maturity value of Rs.71, 810/-.
Please help me in getting the refund of the maturity value at the earliest.
Age 66 Years/Female/Chennai
mail id [protected]@gmail.com
Phone[protected]
mobile [protected]
FDR No. 817701.Dated 12/10/2012
Amount %s.50, 000/-
Maturity Date 12/10/2015.
I am a senior citizen and home maker. No other income than my Husband"s meager pension. Having faced a big blow due to the heavy downpour and rains in November/December 2015 in Chennai by losing most of our personal belongings, we are left with nothing worthwhile to support our life. I am eagerly waiting for the refund of the cumulative maturity value of Rs.71, 810/-.
Please help me in getting the refund of the maturity value at the earliest.
i have also cheated by this company
it is very ridiculous that our govt & law system provides them freedom
i think this is another MALYA...
it is very ridiculous that our govt & law system provides them freedom
i think this is another MALYA...
I have posted my complain on on Feb 5, 2016
Interest warrants are also not received this Financial year 16-17.
What is the current status of FD's amount to be released by company, any idea to anyone ?
Interest warrants are also not received this Financial year 16-17.
What is the current status of FD's amount to be released by company, any idea to anyone ?
710188
722425
sudha vijaykumar bhayani
my above two fdr is mature but i have not receive repayment
i am 59 years old and suffering from cancer
i need my money for my treatment
email : [protected]@yahoo.co.in
[protected]
722425
sudha vijaykumar bhayani
my above two fdr is mature but i have not receive repayment
i am 59 years old and suffering from cancer
i need my money for my treatment
email : [protected]@yahoo.co.in
[protected]
Principal Amount Rs. 100, 000/- (One Lac)
Receipt No. 817169 dated 23.11.2012
Due date original: 22.11.2013
Extended by Co. Twice. Now revised date is 22.05.17
Email ID : [protected]@rediffmail.com
Mobile : [protected]
Receipt No. 817169 dated 23.11.2012
Due date original: 22.11.2013
Extended by Co. Twice. Now revised date is 22.05.17
Email ID : [protected]@rediffmail.com
Mobile : [protected]
Please send me your mobile number and email id on [protected]@gmail.com. We have to join together to take up the matter with Company Law Board to fight against this cheating company like Bilcare.
My distant relative (75 years old) has invested in Bilcare and struggling to get money
Srikanth Matrubai
[email protected]