[Resolved]  HDFC Bank Mutual Fund — Wrong reversal of Purchase

Dear Sir,

The issue is as under:

1. I have deposited with HDFC Mutual fund - Rs.10000 on 15th Feb 2002 vide cheque No.0760737 dated 15/2/2 drawn on HDFC Bank . Cheque is debited to my bank Account.
2. HDFC Mutual Fund has acknowledged the receipt as has shown in their Accounts Statement.

3. HDFC Mutual Fund have regularly paid me dividend.

4. Suddenly on 15th Jan 2010 ( after 8 years), they are showing reversal of this entry saying cheque is dishonoured. This can be seen in the Accounts Statement from HDFC Mutual Fund.

5. The entry is illegal, unethical and a breach of trust by HDFC Mutual Fund with their investor. Seems to be a fraudulent entry to deny my deposit. HDFC Mutual fund has not returned my cheque, obviously there is no dishnour of cheque as such.

6. To put salt on my wound, now I am getting telephonic calls for refund of dividend paid to me.

Request for immediate restoration of original entry in HDFC Mutual Fund Records and refund of my deposit as I lost my trust on HDFC Mutual Fund with their action. My e-mail complaints to hdfc mutual fund went unresponded

Thanks a lot for taking up my grievances with them.

Vijay Rustogi
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