[Resolved]  srigiri engineers — funds withdrawn from our account but not been reflecting to party account

Shri N.K. Agarwal, Date 24.11.09
GM & Chief vigilance officer,
Central Vigilance Department
10th floor, Union bank bhavan
Nariman point, MUMBAI


Sub: Cheques issued by us cleared as per the bank statement but not accounted to the party, Request you to kindly look into the matter.

Account no : [protected].
Account with , Union bank of India since 1999, bowenpally branch, Secunderabad.
Transaction date : 12.10.2009
Sum Rs. 100,000.00
Cheque no : 626075
Party : Ballarpur industries Ltd.
Parties account the above amount has not been credited till 01.11.2009
The same cheque has been returned by the bank unpaid, for insufficient funds on
date 04.11.2009.
Till today the transaction is not cleared.

With reference to the above subject, we would like to bring to your kind notice that, the staff at
UBI, bowenaplly branch, are reluctant to receive our complaint in writing for solving the above issue., where till today the party has not been credited the amount of Rs 100,000.00 from the day 0f 12.10.2009.

The party has issued us a strong notice and is canceling our distributorship, which would become a great loss to us, and we are bound to pay heavy penalties by avoiding the terms of payment as per the agreement.

Hence request you to kindly look in the matter and instruct the branch manager to arrange us a DD on party’s name, pay Rs. 10,000.00, as per compensation policy towards penalty imposed by our party to us, immediately, by today, other wise the matter is going to be very serious.

As the undersigned was out of country and returned only on 21.11.09, hence this intimation is reaching you today.

Awaiting your reply and action at the earliest.


M [protected]
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Aug 14, 2020
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