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[Resolved]  Escort Mutual Fund — Non redemption o[censored]nits

Please be informed that i had applied for purchase o[censored]nits in the escort mutual fund in the scheme of escort opportunity fund - growth vide my application dated 11.05.2004 for rs.10000/-. i had issued cheque no.227397 dt.11.05.2004 for rs.10000/- of my a/c no.10941 of indian overseas bank, the mall, due course i got account statment issued by escort mutual fund on 12.05.2004 bearing folio no. eog000514 for 588.529 units. since the date of issue of above statement, i have been holding the said units till date. however, when the sensex was high i wanted to redeem the said units for want of money during july, 2008. while i filed the redemption, i was informed by escort mutual fund kanpur branch that my said cheque was bounced and not encashed, hence no question of redemption of the this connection i want to clear that said cheque was duly encashed on 14.05.2004 in favour of escort opportunity fund. the relevent certificate & pass book from my bankers send by courier to delhi office. but till date i not had my redemption. please look the matter seriousely and arrange to make redemption payment of the units alloted to me at the earliest.


Deepak sarraf
Complaint marked as Resolved Aug 14, 2020
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