[Resolved]  Samruddha Jeevan Foods India Ltd. — Fraud company

Address:

Maharashtra

SAMRUDDHA JEEVAN FOODS INDIA LTD, IS A COMPANY REGULATING UNDER NO AUTHORITY. IT SAYS THAT IT IS AN AGRO BASED COMPANY BUT IT HAS FINANCIAL PRODUCTS LIKE FIXED AND RECURRING DEPOSITS. COMPANY WITHDRAW CAPITAL FROM THE MARKET AND INNOCENT PUBLIC, WHAT ABOUT IF COMPANY ANNOUNCE INSOLVENCY, IS IT WORKING UNDER RESERVE BANK OF INDIA? NO...SO WHO WILL GIVE THE INVESTED AMOUNT OF THE PUBLIC? COMPANY SAYS THAT IT HAS ASSETS WORTH 5000 CRORES BUT REALLY AT THE TIME OF AUCTION ALL THE INVESTORS WILL GET THEIR AMOUNT? EVEN IT DOES NOT FOLLOW ANT RBI NORMS. IT SAYS THAT IT WILL GIVE 12 TO 18 PERCENT OF INTEREST ON INVESTED AMOUNT.. IS IT? WHY GOVERNMENT DO NOT TAKE A PROPER ATTENTION ON THESE TYPE OF FRAUD COMPANIES? WHY DO NOT THEY DO PROPER INVESTIGATION AND INCEPTION? MOREOVER THEY DO NOT GIVE SALARY TO THE EMPLOYEES.. AND GIVES EXCUSES LIKE THE EMPLOYEE HAS NOT BEEN QUALIFIED FOR THEIR SALARY. THEY ARE ONLY TAKING THE ADVANTAGE OF BEING SMALL MEDIUM ENTERPRISE AND HIDE BEHIND THE NAME FOODS INDIA LTD... WE DOUBT THAT WHETHER IT IS A INDIA LTD. COMPANY AND NO FOOD PRODUCTS AT ALL...COMPANY HAS NO AUTHORITY TO EMPLOYEE MORE THAN 100 PEOPLE BUT STRANGE IT HAS MORE THAN 5000 EMPLOYEES AND OPERATING 300 PLUS BRANCHES ACROSS INDIA AND THEY SAYS THAT THE COMPANY IS UNDER SHOP ACT.HOW??