[Resolved]  panjon pharma limited — Fixed Deposit - two quarters interest not received

Address:Mumbai City, Maharashtra

My Dad is 85 yrs old and had put 2 fixed deposits of Rs 35000/- each on 30/8/2008, in Panjon Pharma Ltd. Vide receipt RUS/1008 in his name ie Mr. Keshav Puthran and RUS/1009 in my mothers name Mrs. Yashoda Puthran. The period of deposits are for 35 months. He says that he has not received the interests for the last 2 quarters. The company is located in Indore with registered office , 4th floor, Man House, 15-PU-3, Commercial Sch. No. 54. A.B. Road,, Indore 452010(MP). The maturity date is 29/08/2011.

Its his hard earned money and he is quite upset over this issue. Would appreciate if you could act immediately as the above company is not responding to calls nor emails. Also there is no written communication from the company. Kindly let us know what steps to take up.
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Aug 13, 2020
Complaint marked as Resolved 
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Sneha Parulkar ... I had kept fixed Deposit of Rs.20000/- with Panjon Pharma & Post dated cheque[protected]issued for maturity amount was dishonoured by the Bank due to the reason STOP PAYMENT BY THE DRAWER. Three months have passed still I have not received a fresh cheque by the company.
What to do????...no solution
Dear Sir,

I have deposited Rs.25000/- through an Agent Mr. S.K.Jain with M/s. Panjon Pharma, Indore. The Company provide me the advance A/C payee Cheques for Deposited Amount of Rs.25000.00 and for interest on maturity for Three years.
The FDR cheques are due for payments in the Month of Feb'2010. Meanwhile my Agent Mr. S.K.Jain asked me to not to deposit the Cheques as the firm is devided among the two brothers and the firm issues new cheques by replacing old cheques and took the cheques for receiving new cheques.
But after 06 months, he replied that the firm is under court cases, therefore it require more time. Till date the same shall not cleared. Hence, I taken back my given cheques. The cheques are older and not have for validity for Deposite.
My Agent is shows his disability in getting me the maturity amount. The Cheques are given with the AXIS Bank.
Now what I have to do to get my money. Please advice me.

With Regards,

Subrahmanya
Depositer.
lodge comp clb
u can contact mr milind at [protected]

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