[Resolved]  Shriram Chits — BID AMOUNT NOT PAID

Address:

Andhra Pradesh

SUB: BID AMOUNT NOT PAID

NAME: M SAMBI REDDY
[protected]
CHITNO. 68012/37 AMOUNT: Rs. FIVE LAKHS
BID AUCTIONED: 122000
AUCTION DATE: 19TH EVERY MONTH (DUE TO HOLIDAYS LAST MONTH AUCTION WAS CONDUCTED ON 22ND FEB2012)
BRANCH: GOVERNOR PET VIJAYAWADA

Submitted all the surety FORMS and releavant documents on 4th mar. So far nobody has come to our office/home to take necessary signatures and surities. payment due date is 22nd. 10 OR 15 DAYS back office lady clerk phoned to me and demanded to deposit 20000 per year
up to 15 years.and Auction foreman sri Durga rao and verification agent came to my office and demand the same. I told them it is very difficult pay 15 years period. Because of these reason or some other reason, I donot know why they are delaying to pay the auctioned amount. If they delay and harassing like this what action I have to take against them. And I forgot to bring your kind notice one important thing 4 months back I went to Sri ram chits office 0n 19th to participate in auction if possible. on that day no body has come to participate.As per the procedure if nobody comes I am eligible for minimum minus ie. 5% company commission. But Sri Durga rao auction foreman suddenly brought one offered letter. offer is Rs.175000/- Then l told to auction foreman allot the chit offered gentleman and I left office. After 30 mts I recd. one call to my mobile from Auction
foreman Sir, you take chit with Rs.100000/-. I wondered and asked auction foreman how you are giving to me already offer is there Rs.175000/. He replied me for your sake I requested that offered gentleman. but I never requested and refused to take and I demanded to give full amount i.e., minus 5% commission. This type of frauds the great sri ram chits are doing