[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
Complaint marked as Resolved 
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Yes DCM Financial Ltd is biggest cheater of this decade.Their management should be tries for cheating public.Their assets should be consficated.They shuold be made to pay atleast principle amount immediately

DCM financial services ltd — FIXED DEPOSIT RECEIPTS

13 years beore in 1997, two fdrs were purchased by sukhvir kr bhardwaj and mrs suresh rani against deposit of rs. 20, 000.00 against 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. But company is not interested to refund my amount after 12 years. I have sent 15-20 fax msg but no reply reply given to me by the company.
Is there anyone in DCM Financial Services, who reads these complaints
dcm finacial services ltd is a CHEAT COMOPANY
run by MONEY LOOTERS/DACOITS run by bharat ram charat ram and sons which has destryoed many families
who had believed these looters .
i pray that GOD will take care of them .
i am also victim of
these looters for about Rs100000/=
I deposited Rs.10000 each in my and my wife name in secured non convertible debenture.The Company asked me to surrender Debenture Certificates for making payment on maturity but niether they issued any receipt nor they made any payment.We are Senior Citizens and facing great hardship.The money is urgently required but there is no one to hear the plight.We deposited the money seeing the name of Late Lala Sri Ram Founder We wish all the promotors and persons involved in cheating and bungling the funds go to hell and their families suffer for what they have done to us.They are never replying properly nor are they doing anything to return something.They are still spending considerable amount in maintaining office/staff and litigation and the lawyers and officers will eat everything what is left.May God curse all the persons involved
Sir.
Ihad deposited Rs.10, 000 in a FDR # 76011 on 14.03.1997 for one year under CU Scheme.There is no news of at least paying back our principal amount.Can I request for advise hoe to get my money back.

Regards,

Surjit
Dear sir/madam,

I had deposited rs 15, 000 in dcm financial services limited, o in name o[censored]sha nangia, fixed deposit reference number i. E f. D. R. No. Is 43944 for period of one year, i. E due date was 29/10/1997.

Till date we have not received any amount neither principal nor interest which was due to me on 29 st oct 97, inspite of various reminders and 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 get 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: 327, block no. Q, south city-1, gurgaon-122001

Mobile no: [protected]/[protected]

With great regards,

Puneet nangia
Whenever i write to DCM Financial services about payment of Secured NCD issued in 1997, their reply is matter is pending before Delhi High Court.This reply i am receiving since last many years.Is this Co intentionally avoiding hearing at High Court just to delay payment.Any body has some clue.
This is to inform you all that I have also not yet received the redemption amount of the following instruments:-

FD Details:-

Sr. Receipt No. Amount Date of Deposit Maturity Date
1 78498 10, 000/- 25/04/1997 24/04/2000

Debenture Details:-

Sr. Folio No. Certificate No. Distinctive No. Amount
1 301566 12524 [protected] 10, 000/-


I have made several written letters to the company and all are in vein and have not received any response from the side of the compnay.If anybody have idea about the proper address of the Company and whereabouts kindly help me.

E-Mail ID: [protected]@yahoo.com

REKHA NANDWANA
I, pankaj kumar garg& my family members DEPOSITED RS. 85, 000.00 AGAINST SEVEN FDRS VIDE 80023, 80029, 80027, 80031, 85711, 85712, 85713 (EACH RS. 10, 000) FOR ONE YEAR FIXED DEPOSIT IN 05.05.1997 AND AFTER ONE YEAR MATURING ON 05.05.1998 & 28/6/1998, WE DEPOSITED THESERS TO THE DCM FINANCIAL SERVICES LTD, 75, AMRIT NAGAR, NDSE-I, NEW DELHI-110003 UNDER REGD. NO. 1976 DATED 11.06.1998. 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.co.in 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.
I have deposited money in NCD 19.5% in 1996.No response from this cheat company, these owners will pay for their misdeeds, made their homes from our money and telling world that they are rich ancestors children. They would be definately punished by the supernatural forces, no amount of good deeds they may do make any difference to such cheaters.
Dear Sir,
I Raj Rani Jain wants to know that what is the process of recollecting of fixed deposit amount Rs 12000.00 of FDR NO - 38033, Certificate No. 288493.
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
I Raj Rani Jain, one of the investors in DCM Financial Services Ltd, wants to know that what is the process of recollecting of fixed deposit amount Rs 12000.00 of FDR NO - 38033 Certificate No. 288493.
I invested my hard earned money, i am in a great financial difficulty.
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?
DCM FINANCIA L Services have looted poor people.They will have to pay for their misdeeds.They will no longer enjoy peace unless they refund money of NCD holders and F D holders.Satish
is there no one in country to stop such loot
Myself Suresh C. Gupta and My wife Smt. Sarita Gupta had invested Rs. 50, 000/- each in the Debentures of DCM Financial Services . While these debentures stand matured several years earlier, we have not received any amount whatsoever from DCM. We understand that the the financial desputes are pending judgement at Delhi High court. It is obvious that the Management of DCM is not interested in settling the case as with the passage of time and delays several of the claimants will expire whoes deposits will stand unclained and apprpriated by the DCM Management. Stratigically for DCM Management, more delays will earn more profits for DCM and surely the Ministrries for Finance and commerce would have by this time identified this strategy to the advantage of DCM Financials Ltd.

Suresh Gupta
Sarita Gupta
Mob: [protected]
[protected]@gmail.com
.
completely insensetive to not only investors but also to human value...surprisingly its coming from DCM once a reputed group from North India!!!
Dated 13.09.10

The President,
M/s DCM Financial Service Ltd.,
75, Amrit Nagar, NDSE Part 1,
New Delhi-110003

Sub:- 19.5% Secured Privately placed Redeemable
Non-Convertible Debentures Series “B” of
Rs. 1, 000/= each Redemptio.___________
Ref:- L.F.No. DF304927 in the name of Arun
Kumar Tayal_______________________
Dear Sir,

This is to inform you that I have not received any communication since 5th
December 1998 from you nor received any payments so far inspite of our so
many letters to you.

You are, therefore, once again requested to please look in to this and advice
us in the matter suitably.

Thanking you.

Yours faithfully


(A.K.Tayal)
A-4/79, Paschim Vihar,
New Delhi-110063

cc to:- SEBI Mumbai with the request to look in to this and do the needful.
From: Rajesh Bhatia
C-103, Double Storey, Ramesh Nagar,
New Delhi-110015
The Managing Director, Dated: 14-Sep2010
DCM Financial Services Ltd,
75, Amrit Nagar, NDSE – I,
New Delhi- 110049
Sub: Redemption of FDR / Debentures overdue
I write this with reference to the above subject. I & my wife Anju Bhatia had invested the following amounts in the Debentures & FDR with your company, the details of which are as under:
Debenture:
- Anju Bhatia (S.N. 11017 Cert No. 303077) Balance due Rs.5000 (Date of deposit[protected]
- Rajesh Bhatia ( S.N. 11019 Cert No. 303079) Balance due Rs.5000 (Date of deposit[protected]
Fixed Deposit
- Rajesh Bhatia (S.N. 18359 Cert No. 46658) Balance due Rs.8000 (Date of deposit[protected]
We have not got our amounts redeemed by your company despite of all efforts & personal visits. We are a salaried class people & had invested our hard earned money in your company by the name “DCM”. But you have defrauded the lac of investors like us. You & your directors should rather be beggers that eating away the money.
Hence, through this letter, I call upon you to redeem my balance outstanding with your company along with cumulative interest as per the scheme of arrangement with the deposit holders & debentures which is overdue, otherwise I shall be constrained to file a legal suit against your company for the recovery of our balance outstanding.

RAJESH BHATIA
I had invested rs.5000 on 29-11-96 for the period of one & half years in their 'deep discount bond' scheme at 19.5% interest rate, but till now i have not get back even my principle amount. The company is so fruad that no one picking the phone if sometime someone picks then there is no commitment of returning my hard earned money. If there is someone who can help me out & getting my money return back. My contact no. Is [protected] and my address is gandhi nagar, gulaothi, distt - bulandshahr
Detail of debenture
Holder name :navnesh agarwal
No. Of debentures :5
Folio no:207313
Cert. No:9183
Dist. No:104081 to 104085


Also for any information please inform me at mohan. [protected]@gmail.com

Hence, through this letter, i call upon you to redeem my balance outstanding with your company along with cumulative interest as per the scheme of arrangement with the deposit holders & debentures which is overdue, otherwise i shall be constrained to file a legal suit against your company for the recovery of our balance outstanding in consumer court bulandshahr for which the company is own responsible

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