[Resolved]  Shriram Chits (P) Ltd — Non cooperation from their Madanapalle Branch

My chit reference from the Madanapalle Branch No.MPKM 4/07 for Rs.100000/-
1)On 20.05.09 I have auctioned my chit and came out the aution room, but there was no clear cut instructions from their staff - in the room one of the employee told 3 government enployees surity with their salary certificates.
2)Before on 20.05.09 Once I discussed with Madanapalle Branch Manager regarding surities-stating that private companies are also eligible by showned the evidence which was allowed by the same company's Putter Branch but he was concentrated only on Government Employees only and not accepted and demanded the same. And also he was not disclosed the alternative surities as per the agreement signed by me.
3)At the first stage I have produced all the documents as per instruction printed in the Surity/Security Proposal Form sent on 24.06.09 which was received by them on 26.06.09.
4)On reply to my above letter, they have replied a letter dated 27.06.09, in that letter also they have concentrated only on Government Surities only but they have not mentioned about the alternative surities.
5)On reply to their letter dt.27.06.09, I have replied with all supporting documents, letter dated 07.07.09 by Registered Post.
6)Arround 15.07.09 when I met in their office, they told that, they require another two year Income tax Assessment Orders. They have not telephoned as soon as they received my letter dated 07.07.09.
7)After this, before end of 31st July, 2009 I went to their office twice to discuss this matter with the Branch Manager-Mr.Dhananjaya Reddy and waited more than one hour but he was turned up to the office.(One they have asked me to come to their office before office ours/next time I telephoned and went to their office).
8)Till today they have not yet settled my matter (not issued my cheque). Please go through in this matter and do the needful.
9)Since from the beginning of the Madanapalle Branch relationship (2007) for the collection of the chit amounts, their collection boys - Mr.Raju and Chinna Reddeppa not responded. Almost all the times I went to their office for paying chit amounts. Along with this I am regularly paying my Puttur Branch Chit amounts also.
10)Lastly today also I telephoned to their office but no use.
11)Till today their people are not gone for my surities enquiry. When they are going to release my money I don't know.


Please do the needul

Thanking you
Yours faithfully
D. Srinivasa Rao
Accounts Manager
Madanapalle Spinning Mills Limited
Chinnatippasamudram
Madanapalle Mandalam
Chittoor District
pin:517326
cell:[protected]