[Resolved]  Rural Electrification Corporation Ltd — Non-receipt of refund of Bond amount and interest amount

Dear Sir,

I hold REC INFRASTRUCTURE REDEEMABLE TAXABLE BONDS[protected] of the amount Rs 10, 000.Till date have not received the refund of the Bond amount and the interest.

Details of the Bond

Date of Allotment: 30/11/2002
Date of Maturity: 30/11/2002
Bond Holders No:104046
Certficate No:00104045
No of Bonds :Two

Request you take appropriate action.

Thank you.

Surajit Sinha
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

RURAL ELECTRICFICATION CORPORATION LTD. — Non refund of bond amount and interest

Dear Sir,

I hold REC INFRASTRUCTURE REDEEMABLE TAXABLE BONDS[protected] of the amount Rs 10, 000.Till date have not received the refund of the Bond amount and the interest.

Details of the Bond

Date of Allotment: 30/11/2002
Date of Maturity: 30/11/2002
Bond Holders No:104046
Certficate No:00104045
No of Bonds :Two

Request you take appropriate action.

Thank you.

Surajit Sinha
Have you read the fine print on the back of the certificate? The maturity of the bond could be 5 years or 7 years. There is usually a put-option clause that allows you to apply for redemption after 3 years. But the redemption is not automatic - you have to return the bond certificates duly discharged by signing on the reverse.

Subhankar
tinyurl(dot)com/mobugobu

Rural Electrification Corporation Limited — redemption of bond

i am holding 4 bonds of rec infrastructure bondseries iv .the maturity date is 31/03/2008.i have sent email to [protected]@dimnsioni.net to arrange for refund of matured amount to my bank and they never bothered to reply
sum of rs 20,000 is lying with them
kindly arrange to get the amount
yrs
t j ethiraj
cell no[protected]
I have been allotted Bond ( unsecurred redeemable non convertable REC long term infrastructure Bond ) on 31 st March 2011 and maturity on[protected]. But even after repeated authorites, No action was taken. As clause of Bond, the money will be credited to my account.
the details provided below. Name : Joe Rodrigues
No. of Bonds - 4
Distinctive No. 1102633 to 1102636
Date of allotment[protected]
Date ofMaturity _[protected]
I dont know what I have to do further.
Can Any body help me

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    India
    File a Complaint