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Alice blue commodities pvt ltd. - refund of security deposit

 
9 Reviews
User
  praveen singh
Respected sir,
I am having franchisee of alice blue commodities pvt ltd, chennai.For taking franchisee i have deposited 2 lakh rupees .An agreement made between company and me for 12 month lock in period, now 18 months over .I closed my franchisee two moth before and they settle only 50000 rupees remaining fund they are taking time.From last two months daily basis i am calling to company they are telling next week they are going to settle, every time next week.but their next week is not comming and two months over.I have taken loan from other people for taking franchisee and now i am paying interest for that money, but they are not settling the fund.
kindly do something sir for refunding my money.

regards,
praveen singh
gyanpur, sant ravidass nagar, bhadohi.
uttarpradesh
Complaint comments 8 Comments     Updated:
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Comments

 
All tamil people are fraud, so govt has to take action against them.they have to refund the security deposit in any condition .if they are not giving back security deposit then govt has to close the company and put charge of fraud to them.
 
Mr Praveen Singh has taken the franchisee of our company, he was doing business with us when he had given the franchisee closing request as per franchisee agreement we were processing it, we had found that some the documents yet receive from him same informed through the mail but we didn't get any reply or positive response from him. As per agreement he didn't fulfill his dues, hence his security deposit kept on hold. If he clears his dues then security deposit will be refunded.
 
Mr. Vijay kumar

The director you send that mail to me on date 12 july 2009, for settling the fund, i am keep on in talking and giving papers.and company send that mail. too many are there .tamil people are fraud, is this correct.
tell me clearly, after that all north indian people didn, t invest a single ruppees in suoth indian people, s company.


this is the copy of that attached mail in which i am also there in the list-on dated(12 july 2009 dated)---

yOUR PA[ERS ARE UNDER PROCESS.THIS MONTH (30 TH OF JULY 2009) COMPANY WILL SETTLE THE SECURITY DEPOSIT AS FOLLOWS------

1.PRAMOD SINGH- (UP1)----- 1 LAKH
2.SAVITA SINGH-(UP2) 50000
3.PRAVEEN SINGH(UP3) ---1.5 LAKH
4.SUJEET SINGH( UP4) ---1 LAKH
5.MANOJ SINGH ( UP5) --- 25000
6.JKD COMMODITIES (MH1)--1 LAKH
7.DEVENDRA JAIN --- 50000
AND REMAINING CLIENT FUND OF THE BRANCHES AND FRANCHISEE
THESE PAYMENT WOULD BE IN YOUR RESPECTIVE BANK ACCOUNTS BY CHEQUES DATED 30 /07/2009.



REGARDS,
DIRECTOR
ALICE BLUE COMMODITIES PVT LTD.
V.VIJAYKUMR

"



praveen singh
(up3)
 
Hey tiwari,

How dare you say"All Tamils are Fraud".Ask apology, Never generalize statements.
N Oct 26, 2013 by
User
lowest  
 
Totally Fake Company is all Employee Also Fake Commitment
N Dec 2, 2013 by
User
devaraj01  
 
dont go for alice blue they deceive people
N Mar 20, 2014 by
User
venkateshsne  
 
Mr Hemanth of Ms Alice Blue having their office at T Nagar is cheating person, Does not keep the Promise . Persons dealing with him has to deal very carefully . Any one can contact me at venkateshsne@gmail.com
N Apr 4, 2014 by
User
jisiva  
 
Register a complaint with the regulatory body (www.sebi.gov.in/‎ ) under consumer grievances against the compliance officer and the management, directors and staff of Alice Blue Securities, Also file complaint with the consumer court for deficiency of service and claim penalties for the losses ocurred.

This is a unprofessional company leading to deficiency of service.
Surprisingly they have taken one month to open a demat account and that is still not done.!!! as of date.

It is not worth the time and money that you save for the cheap 5555/- plan that this company offers.

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    Alice blue commodities pvt ltd. - refund of security deposit

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