[Resolved]  ICICI Bank - Chennai / Personal Loan — HARRASSMENT & DAMAGING MY REPUTATION

Pls go thru the below mail & letter sent to ICICI, inspite of my present situation they are harassing me, calling my friends, relatives & informing that i am a cheat. Pls consider my appeal with human grounds.

The mail / letter sent to ICICI as follows;
July 7, 2008

From,

B.Pankajakshan,
MASS ACCESS TECHNOLOGIES Pvt. Ltd.,
28-d/16, I floor, Kamakoti Flats,
Murugesan Street,
T.Nagar, Chennai: 600 017.


To

The Manager,
Personal Loan Division,
ICICI BANK Ltd.,
1, CENOTAPH ROAD,
CHENNAI:600108


Dear Sir,

SUB: REQUEST TO EXTEND YOUR HELP
REF: MY PERSONAL LOAN A/C. LPCHE[protected] &
.LPCHE[protected]


I may introduce myself as a businessman and availed personal loan from your bank. Let me thank you very much for your wonderful help and support extended to me till now and I expect the same in future too.

I am having business relationship with your bank since September 2006. Recently I am not able to honor the emis in the past few months because my partners who swindled almost 44 lacs from me due to breach of trust, if someone is in my situation they would have committed suicide and even I tried the same and later I found that will spoil my credibility in the society, which may carry over to my wife & 6 yrs old daughter. Hence I dropped the idea of committing suicide. Even though the financial crunch was happened 15 months back, I was selling all my fixed & liquid assets viz., gold, silver, electronic items etc., and honoring the financial commitment with your bank.

But now the situation have become worst and resulted to cheque bounces, you can check my previous records for the prompt repayment of my dues. I am not a willful or deliberate defaulter in repaying, even after explaining the following genuine facts to your collection executives, without mercy & heart they are creating issues in my office, which is a real mental harassment to me, resulting to that some of my staffs left. The preluded is disturbing my mind, I am not able concentrate in my business, unless I do good business, how can I make repayment.


But I am very confident that my business will do good and started blooming also, I can repay all your dues provided if you permit me to repay the emis from 6th month i.e, [ Jan.2009 onwards] and you please restructure my repayment period. In these 6 months time I will become to stable condition, which will help to start repaying your dues. Please visit my company site www.massaccess.net to know more about myself and my clients.

Hence I request your good self to kindly not to send your collection agents / executives for next 6 months. I am always available thru my mail [protected]@massaccess.net or [protected]@yahoo.com and I will start repaying all your over dues from Jan.2009.

Please go thru the following and your good self will understand the facts.

I am engaged in the field of information technology IT man power consulting. Earlier and still, I am carrying on business under the name and style “Mass Access Technologies” a registered partnership firm, together with one R.Rajaram & M.Pugazhanthi, [just working partners]. I had the contacts and the financial strength to run the business and pumped in funds into the firm. My working partners, Rajaram and Pugazhenthi did not contribute even a single rupee monetarily. I expended heavily towards bringing in various resources such as software, data base, own mail server, 30 seater infrastructures, portal sites, and working over heads and for the up keep of the office premises and payment of salary to staff. While, they made no financial contributions, my partners, Rajaram and Pugazhenthi enjoyed the fruits of the business. My partners also borrowed monies from the firm i.e., my own money i.e., personal loan which was taken from you. Evidently, I was the only source of inflow of funds into the company, while my partners were draining the wealth through all possible means.

Despite the fact that it was a win-win situation for them, my partners, Rajaram and Pugazhenthi became extremely greedy and decided to slaughter the firm and plunder its assets because I was in bed. They gradually, diverted the firm’s businesses to their advantage and pocketed the commission gained out of such transactions.

They unscrupulously utilized the firm’s premises, staff, portal sites, database, clientele, software and technology and all other infrastructure for eating away the firm’s business to their personal advantage. As I was out doing field work to cater new clients and marketing, I could not easily detect the fraud committed by them.

While still in partnership with me, Rajaram and Pugazhenthi commenced as partnership at different premises and were doing the same manpower consulting business under the name and style Career Access Technologies, in competition to my firm “Mass Access Technologies”. It may be relevantly mentioned that for their new venture Career Access Technologies, they have not only copied the name of the business making it sound very deceptive, but also referred to my clients as clients of Career Access Technologies. They did so while they were still in partnership with me. They were both actively diverting the business of Mass Access Technologies to Career Access Technologies, while still being seated as Partners in Mass Access Technologies. Thereafter they poached all my employees and took them away to Career Access Technologies.

They cannily dissolved the firm on 15-3-07 by issuing a letter of dissolution without any notice and without any reasons. They dissolved the firm purposely to cheat me from repaying the amount taken by them from the partnership firm which was contributed from my own funds i.e., personal loan taken from various banks including your good self. They also bamboozled the assets of the firm, and took away many valuables from the firm. The list of valuables includes but is not limited to
1. Air conditioner 2nos. Cell phone, Signed blank and stamp, papers, signed letter heads, partnership deed and registration certificates etc., PAN Card, Lease Deed, Income Tax, Bank of Baroda CA, SB, Loan a/c. files, Data Base, Software, Keys, Rubber stamps & Company Common seal,
2. Invoice File, Agreement, Terms & conditions file etc.,

In the month of November, 2006 I met with an accident and I was bed ridden for almost 4 months and Rajaram & Pugazhenthi understood, this was the right time to swindle and sake me. I came to know of their indulgences only thereafter. They have borrowed from third parties and put me in trouble.

** Rajaram due and payable to me a sum of Rs.23, 36, , 387/- as on[protected] as per the audited balance sheet.
** Pugazhenthi due and payable to me a sum of Rs.14, 02, 840/- as on[protected] as per the audited balance sheet.

Without my permission or authorization, Rajaram and Pugazhenthi have together destructed the software in all the systems owned and possessed by me. They have also destructed the data base purchased by me after taking a back up for their own purpose, for valuable consideration. Besides, they owe me huge sums, being monies borrowed by them. I have filed a case against them in the High Court, Case No.


Pending proceedings, I have now learnt that Rajaram and Pugazhenthi have both been writing to my clients stating that “Mass Access Technologies” has now become “Career Access Technologies”. Pls refer all the enclosures which are self explanatory i.e. I am genuine. By alleging such falsehood they are attempting to make clients believe that there is a change in the name of the firm and are through such deliberate misrepresentations endeavoring to grab my business. They have cheated our clients i.e., breach of trust and even some clients made payment to them trusting the above is true and later they have admitted only MASS ACCESS TECHNOLOGIES as vendor and thrown out “career access technologies”.

I later discovered that they have collected cheques from clients [CAPGEMINI] in the name of Mass Access technologies and managed to illegally encash the same in the name of “career access technologies” [pls refer the enclosures for proof]. I am not aware as to how they achieved the same. But the fact remains that they have robbed funds payable to the firm Mass Access technologies. I also reliably learn that to some clients who have given cheques in the name of Mass Access technologies, they have made false representations to the client and got the name changed to Career Access Technologies.

Further, Mass Access Technologies is registered for the Service Tax under the Service Tax registration No. MRA/CHE-II/325/STC. Service Tax is compulsory in our field of business. Now we have clients informing us that Rajaram and Pugazhenthi are misusing the same service tax numbers and furnishing the number to their clients. Since they are using the registration No. of Mass Access Technologies for business carried on by Career Access Technologies, I am directly affected by the same. This is clear fraud played by them to the government. The same was informed to Service Tax Authorities.

Sir, I respectfully state that Rajaram and Pugazhenthi have duped and deceived me. They have indulged in various criminal acts and have taken undue advantage of the trust I had in them. They have also been played fraud on me by starting a competitive firm and side lining business to their new firm. They have misappropriated my money and also stolen valuable data base. They continue to deceive me and my clients and are misusing my firm’s name. There has also been gross misuse of the service tax registration, which is not only a crime against the Government but also an endeavor to put me into trouble. The said persons are indulging in acts of fraud, misappropriation, breach of trust and various such criminal deeds.

All the enclosures are the proofs for their mischief & breach of trust.


Since I am a professional man, they thought if they do all, I will go away from the business and I will go back to my pavilion, but by god’s grace I have retrieved my self from all the crisis and my business is started doing good, even all my clients understood the genuine reasons and they have signed agreement with me again by god’s blessings & grace.

Pls go thru the above which is self explanatory for my partners cheating. But without your help and co-operation I have not fulfilled in my dedicated profession, which will result me for early repayments positively from Jan.2009.

Recently I have converted my company as PVT LTD., by god’s grace & blessings. I am herewith enclosing all the necessary evidence that I am genuine.

I request your good self to kindly reconsider my above appeal with your generous heart.

Hoping for your extended co-operation with generous heart.

Yours truly,
For MASS ACCESS TECHNOLOGIES PVT.LTD.,
[B.PANKAJAKSHAN]
MANAGING DIRECTOR