[Resolved]  Morepen Laboratories Ltd — NON RECEIPT OF FDR MATURITY VALUE WITH INTEREST

Non Payment of Fixed deposit amount and Interest
From
Shakunta Devi Agarwal
Kolkata


To,
Consumer forum.
Consumer complaints
New Delhi


Sub:- NON RECEIPT OF NEITHER PRINCIPAL AMOUNT NOR INTEREST OF FIXED DEPOSIT SINCE FIVE YEARS

I had kept Fixed Deposit with Morepen Laboratories Ltd of Rs. 20,000/- My FDR No. is CALDX-06780 Dated 19.04.2002 and Maturity Date is 21.03.2005.


I had not received my interest and Principal amount from due date 21.03.2005 Now almost five years have passed. I AM SENIOR CITIZEN.

I request you to please help me in getting my MONEY along with interest till date I am in urgent need of money. So kindly help me in hour of need.

Thanks

Yours truly,

Shailaja K.Mandre
[protected]
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Morepen Laboratories Limited — Non receipt of FDR amount

Hi Team,

I Datta Mehta a senior Citizen (Female - 63) had invested in the Morepen Lab FDR scheme. The Reference # for the FDR is CALDX05676 for a principal amount of Rs. 10, 000. Which was to mature on 20/11/2003.

When this amount was matured we received one communication from the Co. that the payment would be delayed and will be paid in few installments. However when we did not receive any payments from the Co. we did send few reminders to the Company to pay out the amount. We even approached the Co at New Delhi in person in 2004 to try and see if we could get the amount back. Disappointingly I received a normal response that they are working on it and would be trying to pay the amount ASAP.

However till date have not received any payment or Communication to this effect.

Would request to help me to get this amount back. Please let me know if I need to approach any other department to get my hard earned money back.

Looking forward to your favorable response.

Do let me know if you require any further details to help the India Consumer.

Regards,

Datta Mehta

Morepen Laboratories Ltd — Non Refund of FDR amount

A sum of Rs.Twentyfive thousand only was deposited vide FDR.BNGRQ00054 Dated16thApril,2002 with I was her Morepan Laboratories Ltd New Delhi.for a period of one year.a cheque for Rs.680. towards intrest issued by the Co. was returned by the Bank twice.We wrote several letters from time to time not a single reply was ever received.
In April.2003 we were asked to submit an Application for Hardship cases,for people suffering ill health,this application was duly received & acknowledged by Moropan Laboratories Delhi Office,that was all no further action was taken.
On 25th August,2003 investors were sent a letter by The Chairman & Managing Director. stating the Company would pay back all depositers,within 4 years from the date of Maturity.This was the last we ever
heard from him.Not a penny has ever been paid back.
My wife passed away on 1st April,2006. I wrote to them on May 18th and sent a copy of the death certificate at the same time informing them that I was her Legal heir.That was my last communication with the Company.D.M.Pallonji. Mob.[protected]

Morepen Laboratories Ltd. — NON RECEIPT OF INTEREST AND MATURITY AMOUNT

I AM FATHER OF VANDANA GOVIND VAISHYA,WHO HAS PUT RS 10000-00 IN FF.D. SSCEME OF MOREPPEN LABORAORIES LTD..WIDE FDR NO BOMRQ072711 DATED[protected] FOR 18 MONTHS.

SINCE THEN I HAVE NOT RECCD. INTEREST AS WELL AS PRINCIPAL AMOUNT

8 TIIMES I VIISITED TTHEIR MUMBAI OFFFICE AT MIDAS SAHAR PLAZA MUMBAI

FOUR TIMES I FILLED HARDSHEEP FORM .I AM HAVING ACKNOWLLEDGEE OOF THE SAME

PLEASE HELP ME OUT AND GUDE HOOW TO GET THE FUNDSS BACK

GOVIND VAISHYA

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