[Resolved]  MCS Ltd. [Sardar Sarovar Bonds] — Payment of Sardar Sarovar Narmada Nigam Deep Discount Bonds Not received

Dear Sir/Madam,

Sub:- Payment of Sardar Sarovar Narmada Nigam Deep Discount Bonds Not received.

Folio no:SN 217343 Certificate No:156006. Distinctive No:[protected]

Folio no:SN 217343 Certificate No:156007. Distinctive No:[protected]



I have sent above bond cert. no. 156006 and 156007, two bonds for redemption together at the same time.I have recived the payment only for 1 bond.I have not received the payment for the second Bond no 156007

I have already sent a letter to your address on[protected] but there have been no response form your side.

I request you to kindly verify the same and send the redemption cheque for Rs.50000/- for bond certificate no 156007 without any further delay .

thanks & regards
Sajna.
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Aug 14, 2020
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sir i am having 1 ssnnl bond maturity date ended kindly i want process to get money as soon as possible money i need urgent
Dear Sir,

My brother-in-law (Surinder Kumar Sharma) had sent his Bond No.363722 to the Chairman's Gandhinagar office by speed post with all documents on 14th June, 2014 but has so far not received the cheque towards payment. Please expedite payment urgently.

Thank you in anticipation.
Yours
S C Sharma
Dear Sir / Friends

I got this bond encashed after 21 yrs as was did not come to know about earlier announcement. Rs 4000 has been deducted as Tax.
Can any one advice how to collect the TDS Certificate?

Reg Folio No.: 237342
Cert. No. 183070
Distinctive No.:[protected]

Can any one help?

Brgds
Ajay
REF: SARDAR SAROVER NARMADA NIGUM DEEP DISCOUNT BOND OF FACE VALUE 1, 11, 000/-


BOND ISSUED WAS OF A FACE VALUE, AND AT THE TIME OF ISSUE OF BOND THE SAME ISSUED DISCOUNTING THE FACTOR OF INTEREST. NO ONE UNDER THE LETTER OF OFFER WAS AUTHORISED TO MODIFY OR ALTER THE TERMS OF BOND AND ITS FACE VALUE. THE BOND WAS ALMOST IS SIMILAR TO CURRENCY NOTE ISSUED BY THE RESERVE BANK OF INDIA. THE ONLY DIFFERENCE IS IN THE TWO WAS THAT THE CURRENCY NOTE WAS CIRCULATORY IN THE OPEN MARKET AND NO TRANSFER DOCUMENT IS REQUIRED FOR EXCHANGING THE HANDS. WHILE IN THE CASE OF BOND A TRASFER DEED IS ESSENTIALLY REQUIRED AND THE CONSIDERATION MAY BE HIGHER OR LOWER THE FACE VALUE.

IN INDIA THE STATE IN THE OF GENERAL PUBLIC ACTS LIKE A ARBITRATOR AND ASSUM THAT IT IS EMPOWERED TO DO WHAT IT LIKE IRRESPECTIVE TO ITS PROMISE.

ONLY A FEW HAVE THE RESOUCERS WITH THEM CAN QUESTION THE STATE IN THE COURT OF LAW WHILE THE PUBLIC IN GENERAL ARE NOT IN A STATE TO DO SO DUE TO COMPLICATION AND CONSTRAINS BEFORE THEM.

POLITICAL PARTIES HAVE NO SENCE TO LOOK ALL THESE - BECAUSE OF THERE SELF INTEREST.

AS ON DATE IS ANY OF BJP SENIOR MEMBER, BE IN THE GOVT AS MINISTER, HAVE EVER RAISED THE ISSUE RELATING TO INVESTORS, WHO RELYING UPON THE PROMISE OF STATE MADE AN INVESTMENT AND IS CHEATED BY THE STATE

CAN THE STATE BE IN A STATE TO SAY THAT THE MONEY IT HAD INVESTED COLLECTING THE SAME FROM THE INVESTOR IN THE FORM OF BOND HAD ERRODED ITS MONEY WORTH. IS THERE ANY SUCH WORKING.

WHY NOT ALL THOSE WHO ARE ASSIGNED WITH THE AUTHORITY TO UTILISE THE MONEY SPECIFICALLY CALLED FOR SHOULD BE HELD BY THE STATE AS RESPONSIBLE FOR SUCH LOSS OR ERRODATION OF MONEY VALUE AFTER THE LAPS OF 20 YEAR.

INVESTOR SHOULD BE CAUTIOUS MAAY BE THE GOVT MAY COME OUT WITH A PROPOSAL THAT THE FACE OF RS 1000/- CURRENCY NOTE IS AS ALTERED TO RS.100/- AND THEREFORE, AGAINST THE CURRENCY OF RS.1000/- THE PERONE SHOULD ONLY GET RS.100/- UNDER THE PROMISE OF THE STATE.

LET IN THE GRABE OF ACHE DIN THE PRESENT GOVT SHOULD FOLLOW THE PRECEDENT CREATED BY THE GUJART GOVT A HIGHLY PRAISED EXAMPLURY GOVT OF BJP
I am one of the bond holders who is awaiting the maturity amount of Bond purchased vide Folio No SD 653768 Narander Kumar,
M No [protected]
Hi,

We have not received any information regarding bond redemption.
LF- 323289

Please look into the matter soon and revert on the below mentioned email.

Regards,
Ankita Gupta
email: [protected]@rediffmail.com

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