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[Resolved]  ICFAI — notice issued by this company through PHOTON CAPITAL ADVISORS LTD.

Esteemed sir,
your kind notice is drawned to an act of great injustice, perpetrated by PHOTON CAPITAL ADVISORS LTD. (corporate office #8-2-293/A/41-4, millenium plaza, road no.5, jubilee hills, Hyderabad-500 033)
My name is Nausheen Fatima, and i am a student . I enrolled in ICFAI, swarupnagar branch, kanpur, for a 2 year course in business management .Initially i was asked to pay an amount of Rs10000/, which i paid . I was then asked to submit about 18 post dated cheques in the name of ICFAI (Rs. 4323/each )these too were deposited by me . After the first semester, which i was one of the few to qualify in my batch, i was appointed as an english teacher in a gov. school . So i opted out of the MBA course and joined the teaching job .I also instructed my bank to stop payment to all cheques henceforth .
On 2nd. january2009, i received a notice from PHOTON CAPITAL ADVISORS LTD asking me to make the payment of Rs. 4323/ as my cheque was dishonoured by the bank . Later a representative of the above company Mr. Ajay Baral who introduced himself as 'credit officer ' visited my house and threatened me with dire consequences .I tried to explain to him my side of the story but, he would not listen to me and kept on using foul language .
This behaviour of Ajay Baral stunned me, i went to ICFAI, swarupnagar, kanpur, where i was not given any satisfactory answer . Your kind attention is drawned to the fact that photon capital advisors ltd is a company which i do not know and which was never in the picture .
With all due respect sir, i beseech u to please look into the matter and give me justice .
thanking you,
nausheen fatima,
17/128, ram narain bazar,
kanpur - 208001
[protected]
a copy to the chief minister o[censored]P
education minister UP
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  4 CommentsShareTweet

Comments

Hi Nausheen!

It is noted from the blog that you are pursuing the program under installment scheme. It will be better if you read the program prospectus to know the details on handling such issues. There are procedures available to solve all the problems. As a student, I took the help of the Arbitrator as indicated in the prospectus to sort out my grievances. If you have some genuine difficulty, you can also take the help of the Arbitrator. Hopefully, they will be settled.
I am not surprised that Photon contacted you. Photon is run by Tejaswy Nandury, the son of NJ Yasaswy, who run the ICFAI.
Dear Mr/Ms. Nausheen Fatima,

This is with reference to your complaint posted on Consumer Complaints website on 19-01-09. Our response is given below:

Please give your enrollment no, program and year of enrollment addressed to [protected]@icfaiuniversity.in. The only mistake you have mentioned is while instructing the bank to stop payment the cheque issued by you to Icfai, you have not concurrently advised us about this step. Had you told us about the stop payment order, our agents would not have submitted the cheque to the bank. However there is no justification for our agent to be rude with you when you called. Kindly accept our apologies for this behavior. Please furnish all details we have asked for, so that we can sort out this issue to your satisfaction.

Dr. TRK Rao
Director, CCD
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ICFAI
Posted:[protected] by Rashmi Gupta

Notice of look adalot of Hyderabad from Hifco Marwel /Photon capital advisors Ltd.

Esteemed sir,
your kind notice is drawned to an act of great injustice, perpetrated by PHOTON CAPITAL ADVISORS LTD. (corporate office #8-2-293/A/41-4, millenium plaza, road no.5, jubilee hills, Hyderabad-500 033)

My name is Rashmi Gupta, and i am a student . I enrolled in ICFAI, Swarup Nagar branch, kanpur, for a 2 year course in business management & My Enrolment Number was[protected]. Initially i was asked to pay an amount of Rs10000/, which I paid . I was then asked to submit about 18 post dated cheques in the name of ICFAI (Rs. 4323/each ) these too were deposited by me . After the first semester, which i was one of the few to qualify in my batch, i was appointed as Admin Executive in Delhi . So i opted out of the MBA course and joined the job .I also instructed my bank to stop payment to all cheques henceforth .

Presently I am not living in Kanpur. I’m living in Delhi Because I’m doing job so that’s why I can not received any letters to sent by you .From my previous address & by old links, i received a notice of look adalot of Hyderabad from Hifco Marwel /Photon capital advisors Ltd for bouncing cheque & pending amount or savior legal action will be taken on 1st. Aug.2010.

In past I had already informed to you that I did not want to continue the course, After Prior information why u sent me this type of legal notice in my previous address while that you have my own mail id.

I have to pay the entire Course fee which is injustice to me. I don’t know, how Hifco Marwel came to the Picture where The Registration has done with ICFAI.

I hope all students like me get the Justice.

With all due respect sir, please look into the matter and give me justice .

thanking you,
Rashmi Gupta,
Delhi
Mob:[protected]
Mail ID: rashmigupta.[protected]@gmail.com

NOTE: A copy sent to the chief minister o[censored]P & education minister UP
A copy sent to ND TV& AAJ TAK

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