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[Resolved]  Adventure Country Resorts ltd — non refund of investment money

Sir,


I invested Rs 12.000 (Twelve Thousand ) at Adventure Country Resorts Limited Bombay in 22 Jan 2000 and received 12% cumulative redeemable Preference share certificate redeemable at par at end of five years Seris - B. Share certificate mentioned, Registered Folio No. BO 20983, Certificate Nos: 0 280358B to 0 280369B, Distinctive No: (s) if preference sgares[protected] to[protected] total 120 shares)
and also receivd the advantaure holiday vouchers Serial No: 075569, 075570 & 075571 dt. 31.01.2000, and total value of encashable vouchers for Rs. 28800/-
I have with me Shares Certificates, Adventure Room Coupons and the relevent letters (original) duly signed by company directors. When I wrote to the company in December 2006 , my letters came back undelivered.and try to contact by phone also i dont get any response also went to the place for find the company, On enquiry I found that the company is closed and disappeared. Some others like me with larger amounts have advised me how be recover my invested amount from this company. who can help me to further prceedings. i am residing in Mumbai.


can you take the case or recommend any one to help me out of this problem.


john chittilappilly
contact no: [protected]
e-mail: [protected]@gmail.com

the company namde addres which mentioned the share certificate and vouchers
ADVENTURE COUNTRY RESORTS LIMITED
REGD OFFICE: Prabhuta , 21 Hughes Rd Mumbai

Adms, Office: 3 Rashid Mansion, 1st Floor, Worli Point, VBehind samudra Mahal Building, Worli, Mumbai - 400 018.
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  9 CommentsShareTweet

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Adventure Country Resorts ltd — Non refund of redeemable preference sharea

The company " ADVENTURE COUNTRY REOORTS LIMITED ", Reg office= PRABHUTHA, 21,HUGHES Road, MUMBAI-400007 issued me preferance shares certificate No 00118269A to 00118276A of face vaue Rs 100/= each in the year 1999 The certificate redeemable after 10 years . now even after 10 years the company not responded non it is not tracable . Also along with share certificate the company isssued me encashable holiday coupons . Since the comany not tracable I am not able to contact to get my money back.
HI ALL

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I am also duped by Adventure Country Resort by Rs 52000/-.I understand that this case was represented to the Court again by a group of social club with some nominal fees.Thereafter, I do not know whether they succeeded in getting their money ? I shall be very thankful if anyone could update on this issue?
sabhajit.[protected]@gmail.com,
TO
Addl Commissioner of Police
Economic Offences Wing,
Crime Branch,
Mumbai Police


To
Addl Commissioner of Police
CRIME BRANCH ECONOMIC OFFENCES WING-(EOW)
Kitab Mahal, 3rd floor, 192-Dr.D.N.Road, Fort, Mumbai-400 001
[protected] [protected]@cbi.gov.in


Dear sir,
My Name is sabhajit yadav, S/o.Ramyash yadav, R/o. Bldg. No. 47, Flat No-1503, NRE SEAWOOD, PH-ll, Sector-54, 56, 58, Karawe Nerul, Navi
Mumbai-400706, Working as an Chief engineering in Merchant Navy and I had invested 12, 000 (twelve thousand) at ADVENTURE COUNTRY REOORTS LIMITED, Reg office= PRABHUTHA, 21, HUGHES Road, MUMBAI-400007 issued me preferance shares certificate No Certificate No-220574 To 220633 of face vaue Rs 100/= each in the year 1999 The certificate redeemable after 10 years . Also along with share certificate the company isssued me encashable holiday coupons
Even after maturation of investment, I'm unable to contact the
Company. and the company did not even bothered to pay back the amount and it has
vanished in oblivion.Fortunately I found the share certificate in my old files.Irrespective of
having all the documents I couldn’t do anything towards claiming the money.
I have called up the numbers on the brochures which they had
left several times. However there is no response. I have also checked
with the hotels concerned, however they are unable to help. The
director of the company was Mr. Vijay Dholakia, and address Prabhutta,
21, Hughes Road, Mumbai 400 007. I have all valid receipts as well as
share certificates.
Once I had been to Samudra Mahal address, but someone told me that matter is in court.He gave me
a number case no 630, Bombay high court.


Please find the below details:-

Folio no-B016502
Amount Invested-Rs 60000/-
Name of Holders-Mr Sabhajit Yadav

No of shares-600
Certificate No-220574 To 220633

Distinctive No(s) of shares-2205731 To 2206330

We are looking forward for a positive reply from your end.Hope this matter will be taken forward and innocent people would find relief and help from your end.So kindly take necessary legal action against adventure country .

Yours faithfully,


sabhajit yadav
chief engineer
The Company did held contact programmes and by gaving very good picture through its salesmen made me to purchase 120 Preference Shares of Rs.12, 000/- in the year 99 and allotted me share certificates. However, since then there is no dividend and no communication from them. Even they were not available at the given address when I tried to contact at that address as I wanted to sell the said shares as per their scheme which was explained at the time of making me purchase and/or grabbing my money through these shares scheme. Thus they have also duped me for valuable security for which even criminal action can be taken.
I am unable to contact you.I want refund of my money with interest as promised by you. Details as follows:
Application Np.180461, Series "A", Folio No.A007828, No. of Shares : 120.
Certificate No.102105 to 102116
Distinctive Nos.1021041 to 1021160
Pls make payment with interest at the earliest, as promised or else the directors would be held criminal liable.
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To
Addl Commissioner of Police
CRIME BRANCH ECONOMIC OFFENCES WING-(EOW)
Kitab Mahal, 3rd floor, 192-Dr.D.N.Road, Fort, Mumbai-400 001
[protected] [protected]@cbi.gov.in


Dear sir,
My name is Mrs.Sadhana D. Sharma residing at 9/3, Talmakiwadi, J.D.Marg, Mumbai 400007.Mumbai-400706. I had invested 48, 000 (Rupess Forty Eight thousand only) in ADVENTURE COUNTRY REOORTS LIMITED, at Reg office= PRABHUTHA, 21, HUGHES Road, MUMBAI-400007 issued me preferance shares certificate No Certificate No-0296754B To 0296801B ( 240 Nos) of face vaue Rs 100/= each in the year 2000. The certificate redeemable after 10 years . Also along with share certificate the company isssued me encashable holiday coupons. I had visited Prabhuta office to verify the status of redemption of my shares. I was shocked to see the seal on the door of the office. On verifying I was told that this company cheated investors and vanished. They have pasted a note of instructions to the investors in order to follow further procedure. Accordingly, I went to the Bombay High Court and filled up Form and submitted Xerox copies of the Share Certificates & relevant documents. However there is no response. The director of the company was Mr. Vijay Dholakia, and address Prabhutta, 21, Hughes Road, Mumbai 400 007. I have all valid receipts as well as
share certificates.

Please find the below details:-

Folio no-B0 22215
Amount Invested-Rs 48000/-
Name of Holders-Mrs. Sadhana D. Sharma

No of shares-240
Certificate No-0296754B To 0296801B

I am looking forward for a positive reply from your end.Hope this matter will be taken forward and innocent people would find relief and help from your end.So kindly take necessary legal action against adventure country .

Yours faithfully,


Sadhana Sharma
email: [protected]@rediffmail.com

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