[Resolved]  Sardar Sarovar Narmada Nigam Ltd — pre mature insufficient payment of bond having no clause of early redemption.

Address:

West Bengal

sir,
I have two bonds of Sardar Sarovar Narmada Nigam Ltd (SSNNL) having regd folio no. SN 321902 ,Certificate no.296396 & 296397 and Distinctive No.296396 to 296397 scheduled to be matured on 11.1.2014. In spite of receiving several letters on early redemption, i have neither submitted my bond certificates nor accepted their premature insufficient payment offer till now since it was not mentioned in the clause in any case at the time of issue.Anyway.their premature deal got closed on around January'2009. Because of several unavoidable reasons, unfortunately i could not manage to take any step by this time till now and not even actions through RTI. As per theirs version,its all done through some "Act".
My question is - what can i do in this circumstances from Kolkata? What correct legal steps are available at this scenario can be operated from Kolkata? If the "Act" can give less than half the stipulated amount for public interest why cant it pay double the amount for public interest? I'm also a public.Even they could pay the bond holders say only 5000/- rupees instead of 50,000/- while committed to pay 1,11,000/- at the behest of "Act".
I want your correct guideline.
Please help.
Regards.
Surojit Nandy.
Kolkata.
31.5.12.