DCM Financial Services Limited — Non payment of redemption amount for the 19.5% secured privately redeemable non - convertible debentures series 'b' of rs. 1000/- each | |||
Myself Anuj Dewan, purchased forty debentures of Rs 1000 .00 each in November 1996 thereby investing a total amount of Rs. 40000.00. Twenty debentures were issued vide certificate no. 6126 and Registered folio no. DF 204923 and Twenty debentures were issued vide certificate no. 6127 and Registered folio no. DF 204924. The redemption amount, Principal plus Coupon Rate of 19.5% p.a. was to be paid by the company after 18 months from date of purchase. I surrendered my original certificates to the company via Bajaj Capital Ltd, receipt no. 027742 dt.11/7/98. When I didn't get the redemption amount, I personally followed up with the company for redemption of my hard earned invested money through numerous visits to their old office at 75, Amrit Nagar, NDSE Part-I 'New Delhi -1100003 and through telephone calls. Regret to inform you that till date, not even a single rupee has been redeemed by the company. Would humbly request the forum to help me in this regard as I am in urgent need of money to support my family Was this information helpful? | |||
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