Suman Motels Ltd — payment of interest and repayment of bonds

Address:

Mumbai City, Maharashtra, 400003

Purchased one unit of suman earth bonds of suman motels ltd repayable in 15 years for rs 3500/-. They have issued bonds foe plantations and promised to pay
1) guaranteed minimum returns on investment,
(4 instalements at end of 6 years rs 3500/-, at end of 9 years rs 3200/-
At end of 12 years rs 3200/-, at end of 15th year rs 3200/-
2) guaranteed minimum gain from process mktg:
At end of 15th year rs 32, 000/-
3) guaranteed minimum appreciation of land allotted
At end of 15th year rs 14, 000/-
Total amount payable rs 59100/-
Amount received rs — nil —