in 1996 my father and some of his friends have
invested about 3,50,000 rs. to suman motels ltd.
h.o:19/21 parshva chambers,essaji
street,vadgadi,mumbai-400003. The company had its
branch in ahmedabad at 802,sikhar complex,nr.
navarangpura rly cross,bh vadilal
hse,ahmedabad-380009. we submitted our amount to the
same office.
after new rules of sebi in 2000 for plantation
companies, the company has not given any interest or
even our amount back to us. the maturity date for the
amount was in 2002 but still we are not given
anything. We have investigated for the company and we
found that high court has odered the company to return
all the amount of such investors by 2003-04. but
nothing has done yet. we have a video cassete given by
the company showing their bussiness all over india.
the company is stiil runing by the name of travel port
at 42,ambedkar hse,vadala,mumbai. and at many other
palces of the country. the company has its
own asset of 350 corers and they have collected about
34 corers from investors all around the country.
what can be done now and what is the status of payment
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