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[Resolved]  Dcm Financial Services Ltd, 75 Amrit Nagar, Ndse-I, New Delhi - 110003 — Dcm deceived a poor man for his little amount

I, sukhvir kr bhardwaj and mrs suresh rani deposited rs. 20, 000.00 against two fdrs vide 77816 & 77817 (Each rs. 10, 000) for one year fixed deposit in 25.04.1997 and after one year maturing on 25.04.1998, we deposited these fdrs to the dcm financial services ltd, 75, amrit nagar, ndse-i, new delhi-110003 against their receipt no. A-903. After one year maturing the amount becomes rs. 23, 512.00 (Rs. 11, 756.00 each fdr). But allas, not a single pie given to us by the company. I have sent many written reminders as well as fax no: 24640885 but till date no fruitful result achieved from them. Kindly help / suggest me at [protected]@yahoo.com how i get refund my amount from the fraud company. God knows, how such company is running smoothly under the eye of rbi and govt of india who deceived like us poor investors for their little amount who invested for their minor childs future.
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Aug 13, 2020
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In the impression of a reputed company tagged with the name of founder late Sri Ram, an honest, trusted and enthused entrepreneur, I had invested Rs 6000/- in DCM Fin Services Ltd on 06.03.1997 vide FDR No 71682. I am astonished when I observed this so called reputed company proved a cheater because of non refund of deposited money.
Is there any authority who would direct the Directors of this Company to pay the hard earned money of the investers who had imposed their faith in it?
Rekha Garg
All these comments appear true as I also made an FDR, investing my fathers money in their amrit nagar South Ex office. On not getting money after maturity I even filed a consumer case in mehrauli which we won but this company even did not cared the orders of consumer court and kept befooling the public by approaching High Court.Later as one has to live life, one can not keep sticking to one fight and that appears to be the modus operandi here that how long people will chase the company. It is strange in India how after cheating the masses for their hard earned money the company has come again to cheat new people and our system allows the same. I think we all should unitedly fight such companies and expose them and their proctectors at each and every front that we can.
ravi kumar mehra
mobile [protected]
I am also a victim of this Company. I had 2 debentures of 10, 000 each & 2 FDs of 10000 each. I had also surrundered the cerificates for refund, but of no use.

Thus I have lost 40000 and interest on the same since 1998 !
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The company has also cheated me and there is no rsponse of letters written to them. I had also depsited Rs 10000/- in their fixed deposit scheme vide receipt no 77903 on15/4/1997 and sent the receipt on maturity to the company for redemtion of the amount. No response/ redemtion amount has been received so far. I have lost all hope towards the company and also govt agencies dealing with the case and brand them CHEATS.
HOUSE NO 201 SECTOR NO 19
FARIDABAD
Contact[protected]
I had deposited Rs. 15, 000 (3 FDRs @ Rs. 5000 each) and it was matured on 17.4.02 and after several follow ups nothing happend till date. They released Rs. 500/- per FDR 2-3 years ago. I invested my hard earned money. Who will take action against this company. These days I am hearing that the pending cases are getting closed at faster speed due to involvement of media and pressure built up on Indian Government but this case is not getting noticed by any media and silently getting postponed in every 3 months (for over 10 years). It is very strange on the part of Indian Government not taking action on this company. Every 3 months the judge will get replaced by a new judge. This is the only thing happening.
Dear sir,
I sri samit srimani son of mita srimani wants to know that what is the process of recollecting of fixed deposit amount Rs 9000.00 of FDR NO - 57486 DATED 4/01/1997 matured on 4/01/1998 and my father siblal srimani Rs 5000.00 of FDR NO - 69664 DATED 15/02/1997 matured on 15/02/1998
the company ran into rough weather after accumulating large amounts from unaware investors mostly retired people, old people who saved their money for rainy days. these things has and is happening right under the nose and vision of govt of indian, rbi and sebi, still nothing has happened as always it happens to common man, my father after retiring from defence and all the time in his life saving the lives of civilians, invested his money in DCM and that's it, it appears he earned only to pay for the luxury comforts of dcm directors . if this is the case of the company, the govt is no saviour, the case is running for the last twelve years and i contact the company after each and every hearing only to be heard that next hearing date has been issued. so my dear sir, dont ever imagine any silver lining in this case as our laws are spineless, toothless and to be precise useless.
i only can share my disappointment with u as i did with my parents and expect some miracle from god to save us all

thanks/venkatesh mv / [protected]
i, N.K.Kulshrestha resident of 931 Gurgaon had invested Rs 15000.00 in DCM Finance But Regrated we could not received single paisa from tham
Me and my family members invested in DCM F Services in the year 1996. As per DCM instructions we did not deposit the maturity cheques and were asked to return the cheques. Later DCM advised us to discharge the FDR's with promises that it would pay us. Despite several assurances by DCMFS, we have not received the maturity amount. On approaching DCM several times we are told that case is with Hon'ble High Court. Will some one from DCM let us know the fate of our money please?
Thanks,
Date :- 10/11/09

To

DCM Financial Services Ltd.,
79, Amrit Nagar,
NDSE Part-I,
New Delhi – 110003


Sub:- DCM Financial Services Ltd., - Repayment of FDRs.

I and my wife had invested Rs. 15, 000/- each with DCM Finance Ltd., vide F.D. No. 88797 and 88798 which matured on 22/08/1998. Both the FDRs were discharged and deposited with the company vide receipt No. A-610 dated 24/08/1998.

Vide letter dated 21st July, 1998, you had advised that all deposit of Rs. 10, 001/- to Rs. 25, 000/- shall be repaid in 3 years including the interest from the date of maturity. We had visited company’s office 15-20 times and despite promises no payment has come till date.

In this connection, I have also communicated with Sh. Vinay Bharat- Ram Ji whose letter dated 28/10/09 is enclosed for your ready reference.

You are requested to kindly release our hard earned income without further delay.

Thanking you.


Yours truly,



1)(Rajesh Gupta)
Mob. No. [protected]
157, Cariappa Marg,
Sainik Farms,
New Delhi -110062




2)(Bhavna Gupta)
157, Cariappa Marg,
Sainik Farms,
New Delhi – 110062
Dear sir,

I am SURYA KUMAR. I too have invested the same in 1996 which was matured in May 1998. Original Debenture certificates were asked to deposit for fraud not for payment which I have deposited but till date not a single penny has been given where as a huge amount has been expenced for correspondence and on telephone. Every thing in-vain. Presently I am not having my debenture certificate numbers but soon I will submit that too.I would like to request all the investers to rush to their office on any one fixed day so that any decision can come out.
I had puchased a FDR of the Company for Rs.15000/- from my HUF fund in the month of March 1997 for 1 year 1 day, to be matured on 25.03.1998 (FDR No.74261) and sent the original receipt to the company in the month of March 1998, I also visited the office of the Company at Delhi on 21.07.1998 and they agreed that they got the original receipt on 02.03.98 and acknowledged the receipt in writting. Regarding payment of maturity value, they told that the matter in High Court, therefore the payment will be made after decision of the High Court. After that I received a letter of the company dated 31.08.98 stating that the Company Law Board had passed an order on 17.07.98 regarding repayment of deposits and the company will repay the deposit with interest accordingly in three installments in the years 1999, 2000 & 2001 but nothing has been given by the company till to day. Several times I contacted over phone but got no satisfactory reply.Can one help me to get my hard labour earned money back from such a cheater company?
Dear Sir/madam,

I had deposited Rs. 10, 000 in DCM FINANCIAL SERVICE LIMITED on 01/03/1997 in name of Mangat Singh/ Dalvir Kaur, i.e myself for one year only and its F.D.R NO. is 69221, due date 01/03/1998.

Also I had deposited Rs 10, 000 in DCM FINANCIAL SERVICES LIMITED, on 01/03/1997, in name of Dalvir Kaur/ Mangat Singh as Fixed deposit reference number i.e F.D.R. NO. is 69220 for period of one year, i.e due date was 01/03/1998.

We surendred the orginal certficate to the company on muturity but not recevied any amount neither principal nor interest which was due till date to me. Despite my personal meetings at their regd office address at 75, Amrit Nagar, NDSE PART-1, NEW DELHI-110003, I HAVE NO INFORMATION THAT MY HARD EARNED MONEY WILL BE REMMTTED BACK TO ME OR NOT.

Please help us and do the needful, we are awaiting for your quick response to this mail.

Please find our address and telephone details for further correspondence.

House No. 418 - Parkash Mohalla, East Of Kailash, New Delhi-110065.

Ph no:[protected] & Mobile No.[protected]

With Great Regards,

Mangat Singh/ Dalvir Kaur
Dear sir,

This mail is in reference to my FDR in your company. whose no is FDR-35892 depoisted on 30.8.1997 in name of Mrs. Geeta Dhir for peroid of one year. the Amount depoisted was Rs.15000. Till date despite of many reminders given in Delhi office till date i have not received my hard earned money back. Please help me out in this matter and looking forward for your favourable reply.

I am badly in need on money as i am undergoing financial crisis. I am collecting and borrowing money on loan. Please look into this matter and waiting for your reply.

Regards

Mrs. Pooja Dhir

On behalf of Mrs. Geeta Dhir
Dear Sir/ madam,
I deposited in DCM Financial Services on[protected] for Fixed Deposit wef from[protected], vide FD no. 504250, for one year whose maturity value is Rs. 9405 But till date I have not received any amount. Kindly help me out in getting my money back now atleast the pricipal amount.

Thanks and regards,
Abhshek Kumar Kesharwani
I have already filed a complain with SEBI in respect of non-payment of NCD's of DCM a long time back.The referrence no is 0246215/01.tHE COMPLAINT IS STILL UNRESOLVED.
I also had a similar experience. Rs 4000/= deposited in 21 jan 1997 and maturity was on 20 jan 2002 after 5 years. MAturity amount was Rs 10000/=
But this company has not accepted my letters also and it has come back many times. A total fraud company.
this company has fraud with us also.In 1997, we invested 8, 000 rs. with this company.
since then, nothing has been done till date, neither from government part, this company has fraud with numerous investors & hrt them financially n mentally.
govt should take action against them n try to return the money of thousands of its deprived investors.
DCM DECEIVED A POOR MAN FOR HIS LITTLE AMOUNT
DCM FINANCIAL SERVICES LTD, 75 AMRIT NAGAR, NDSE-I, NEW DELHI - 110003



DCM DECEIVED A POOR MAN FOR HIS LITTLE AMOUNT
I, Miss Richa Agarwal & S C Agarwal DEPOSITED RS. 10, 000.00 AGAINST FDR VIDE 000612 of RS. 10, 000) FOR THREE YEAR FIXED DEPOSIT ON 7.01.1997 . WE DEPOSITED THESE FDR TO THE DCM FINANCIAL SERVICES LTD, 75, AMRIT NAGAR, NDSE-I, NEW DELHI-110003. BUT ALLAS, NOT A SINGLE PIE GIVEN TO US BY THE COMPANY. I HAVE SENT MANY WRITTEN REMINDERS & ALSO WRITTEN TO RBI BUT TILL DATE NO FRUITFUL RESULT ACHIEVED FROM THEM. KINDLY HELP / SUGGEST ME AT [protected]@yahoo.com HOW I GET REFUND MY AMOUNT FROM THE FRAUD COMPANY. GOD KNOWS, HOW SUCH COMPANY IS RUNNING SMOOTHLY UNDER THE EYE OF RBI AND GOVT OF INDIA WHO DECEIVED LIKE US POOR INVESTORS FOR THEIR LITTLE AMOUNT WHO INVESTED FOR THEIR MINOR CHILDS FUTURE. NOW THEIR OFFICE ALSO REMAINS CLOSED AS LETTERS ARE RETURNED BACK WITH REMARKS OFFICE ALWAYS FOUND CLOSED.
I dont know how to proceed with such case. Please advise
Sir,
I have deposited Rs 5000 in NCD of Co and amount was due in 1998.Since then i am writting letters & phoning Co and since last four years i get a reply that matterr is before Delhi High Court and will be resolved shortly.I donot know when will i get my money. Nisha Gupta 18/13 Urban Estate Kurukshetra

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