[Resolved]  Era Landmarks Ltd — payment default

We had purchased three (03) Studio Apartments from M/s Era Landmarks Ltd in their project Residency Square, Knowledge Park – 3, Greater Noida. We had opted for the cash down plan; therefore the company is committed to pay an assured return of 12% per annum on monthly basis thru post dated cheques on the amount so received from the date of receipt till offer of possession. At the time of booking it was assured by their marketing and sales executives that;
At the onset of the Financial Year 2013/14, the assured return cheques for the complete financial year would be handed/given in the form of post dated cheques (PDC). Contrary to the above assurance, we have still not received the assured return cheques for the Financial Year 2013/14.
We have endlessly called up their sales and marketing executives, and their customer care number[protected] which nobody bothers to answer. We have sent innumerable emails to nearly all the executives of the company. We have also sent emails to the owners of the company Mr. HS Bharana and Sumit Bharana but all in vain. We have our own financial commitments that require us to make timely payments for our own personal obligations. The company has not even deposited TDS deducted from investors with the tax department. We have not received Form 16A and Form 26AS also does not show any deposits.
We had reposed trust and confidence in this company and had therefore invested in their project hoping to receive an assured monthly income to counter the dreadful inflation but we find that our money is stuck with these fraudsters. This attitude erodes the investor's confidence in the company.