[Resolved]  Neesa Group (Neesa Leisure Ltd) — Fixed deposit interest

We are conducting a case in bangalore against this company

I deposited Rs.3.00 Lac in Neesa Leisure Limited on 19.07.2014 against Folio no.s NIL/ 14109, 14110 & 14111.When no interest cheques received, I deposited the predated cheques on 21.07.2014 which was promptly dishonoured by my Bank on 22.07.2014.I am a senior citizen and need money immediately.What should I do? Pl.help.My Mob.no.is [protected].

Me & my wife are senior citizen and have invested our hard earned money in Neesa Leisure Fixed Deposit Scheme. Neither we have received any interest nor our principal (Rs.125000) till today. No one answers the phone and I have heard it is going Bankrupt. Please Advice. My mobile No. [protected]

Sir, same issue here as well. Any response received? What should we do now

I invested 6lac in neesa ltd. Date16/5/2013.l received advance cheque from company but when i deposited it into bank it was dishonoured .even my maturity date completed on4/82014 i am businessmen i need money this time what should i do now. plz. help me. My FDR No.NLL/14398 and NLL/14396 and NLL/14397and NLL/13369.
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I Anil Jauhari want to say that I paid Rs 30, 000 / in your fixed scheme of your company NEESA Leisure Ltd ( FD ( FDR NLL/ 13571, non cumulative) on 01/06/2013. Your company issued cheques of interest and capital amount of Rs 30000 in advance. But two months after issuing the cheques, I got a letter from your company not to submit those cheques issued earlier and in place a cheque no 584494 of Rs 902/ was sent by company. When on 20/02/2014, I deposited cheque of Axis Bank in Union Bank of India, it was returned due to fund insufficiency with penalty on 8/02/2014.
I emailed a letter to company but I did not get any reply from company but after two months I received a letter dated 05/04/2014 from company that, `` despite facing acute liquidity crunch the company is trying it’s best efforts to fulfil all it’s obligations and is currently processing interest payment for this quarter of financial year[protected]. We expect to complete all payment for December quarter and start processing the payments for last quarter very soon . We assure all our depositors they would be realising the due interest till march 2014.’’ For deposit, company stated that company sought approval from registrar of companies Gujarat, through it’s correspondence for the extension of time to make payment of interest or repayment of matured deposits . `` we ensure all investors for maturity of all the deposits falling under this provision well before end of the one year from it’s maturity or commencement of this provision.’’ As maturity date of deposit amount was 31/05/2014, I did not get refund of my deposit of Rs 30, 000 plus interest 11.75%
It is really shameful that it is done by a reputed company like NEESA Leisure Ltd. This is my hard money, which I invested for one year. On 31/05/2015, two years will be completed for my investment, company should pay my deposit in month of May with interest of 18 percent as per company law. Otherwise we will be forced to take refuge of court.
Details of FD:
Anil Jauhari
FDR no- NLL/13571 Thanking you
Anil Jauhari
604, Ridddi –siddhi CHS,
Mhada -Malvani colony,
Near Gaikwad nagar Bus depot,
Malad ( West) Mumbai -400095
Mob-[protected] /

Did any of you went to consumer court.

Yes.
The company has been playing with poor people's money and no one seems to be taking care as the Promoter Sanjay Gupta is known to be very close to PM Narendra Modi.
Because of such kind of people, BJP is losing in Gujarat.

Fixed Deposit not Recd

Hi all,

I am also in the same situation as others in this forum. I strongly suggest somebody from this group please create a forum for join action against this company. I am a senior citizen and I am in dire need of money for Medical expenses. My deposit was to mature in March 2015. I am from Chennai. Please do contact me if anybody is creating a group for recovery

Balakrishnan
mahesh.[protected]@gmail.com
[protected]