[Resolved]  IFB Finance Limited — Non-Receipt of Maturity Amount against FD

Non-Receipt of Maturity Amount against FD — IFB Finance Limited

I had deposited Rs 10,000/- with M/s IFB Finance Limited, Kolkata vide FDR No. LC/C/97/87902 dated 07/01/1998 which matured on 07/01/1999.

My various reminders could not fetch any results. In the meantime, I also sent letters to the Company Law Board, Kolkata and The Official Liquidator, High Court, Kolkata but till date there is no response even from them.

I sincerely request to kindly look into the matter and see that I get my principal amount together with accrued interest against my above Fixed Deposit.

Sub:- Reapyment of fixed deposit matured on 30/07/2000 vide FDR No. LC/C/95/12390


I have also invested Rs. 5000/- and the same was matured on 30/07/2000. I have deposited the certificate for making payment on 30/08/2000 but still on date I have not received any payment. In terms of order datd 12/01/2000 of company law board I am entiteled to contracted interest upto date of maturity @ 12.5% and thereafter 14.5% till the payment made. I have issued a letter to the company office 8/1 Middleton Row, Calcutta 71 but the same has returned with the comments that addressee was not found and left I am now a retired person from Central Government and need urgently the money for the education of my daughter. I therefore request M/S IFB Finance Ltd. to make the payment immediately without any further delay.

Subrata Ghosh

Sub:- Non-Payment of fixed deposit matured on 02/05/2001 vide FDR No. LC/C/96/44876

I have invested Rs. 5000/- and the same was matured on 02/05/2001. I have deposited the certificate for making payment on 15/05/2001 but still on date I have not received any payment. In terms of order datd 12/01/2000 of company law board I am entiteled to contracted interest upto date of maturity @ 12.5% and thereafter 14.5% till the payment made. I therefore request M/S IFB Finance Ltd. to make the payment immediately without any further delay.

Shampa Chakrabarti
New Address: 26/1/1, Chowdhury Para 1st Bye Lane, Ramrajatala, Howrah 711104
Mob. No. [protected]

I had invested Rs.60000/- in IFB Finance as I was told it is an IFB industries group company my FD numbers are 92555/ 94442/ 90931/78619.Although the Company Law Board, Eastern Region Bench, Calcutta under the section 45 QA(2) of the RBI act 1934 vide their order dated 25.11.1999proposed scheme for repayment of all the outstanding deposits, at contractual rate and thereafter at 12%, the Company has not even bothered to refund the deposits nor the Company Law Board is not bothered to see if their decision is implemented or not hence my request to all the IFB finance and ALPIC Finance Ltd. to let us form an association and take up the matter with Ministry of Finance to compansate us. Those who are interested please send their e mail with details of deposit to me on [protected]@rediffmail.com

Hi, It will be of great help if you can provide me some information or the procedure to go through the below issue. I have invested in fixed deposit with the financial organization IFB Leasing and Finance Ltd. for Rs 10000/- vide Receipt no. LC/C/95/10402 on 05/07/1995 for three years
which matured on 04/07/1998 with the amount Rs 15180/- but I have not received the amount. Could you please help me in this matter. Your help is highly appreciated.