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[Resolved]  Venkataraya Enterprises - Tanuku, Ap — FDR amount NOT paid even after 18 months of maturity

Sir,

We (My-self B.Subhadra and my husband B.Venkateswarudu) deposited Rs.1,00,000 (One Lakh) with Venkataraya Enterprises, Opp. Polytechnic, R.P.Road, Tanuku, Andhra Pradesh, Pin 534211 on 13-Mar-2006 for a period of 2 years and received the FDR receipt (Refer the first page of the attachment).

The FD matured on 13-Mar-2008 and as per the instructions from the Venkataraya Enterprises, we have surrendered the FDR receipt in person at their office on 26-Mar-2008 for which they have provided a "FDR payment request receipt" (Refer the third page of the attachment). They have promised that the cheque for One Lakh will be sent to our address with in one week time.

We have followed up with the company patiently several times about the FDR refund amount and we received different answers for the delay in payment with a promise that it will be paid soon. From last few months they stopped responding to our phone calls and letters. After waiting for 17 months, we sent a lawer notice for refund of our FDR maturity amount on 10-Oct-2009 (Refer the second page of the attachment) for which we are yet to receive a reply even after one month.

Kindly help us in getting our FDR maturity amount as soon as possible.

Thank you very much.

FDR amount NOT paid even after 18 months of maturity
FDR amount NOT paid even after 18 months of maturity
FDR amount NOT paid even after 18 months of maturity
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  2 CommentsShareTweet

Comments

Mullapudi Harischandraprasad is a big thief. Not only by cheating public he make money using His wife Mullapudi Renuka. Cheating people is their main business. He is an impotant man... and to proove him, self he sleep around with women and he cheat them also. wife also same kind. both ofthem are luchas...
I feel sorry for all of you who invested money with him seeing his grand father.
YES, WE ALSO DEPOSITED WITH THE ABOVE COMPANY. ON 22/12/2009 THE COMPANY OFFICIALS WERE CALLED US TO DISCUSS ABT THE PAYMENT AT VENKATRAYA FOOD PRODUCTS, NEAR KONDALAMMA PUNTHA, TANUKU. BUT THEY WERE ONLY CALLED THOSE PEOPLE WERE MOVED CONSUMER COURT AND THEY WERE LURING THE PEOPLE TO TAKE AMOUNT WITHOUT INTREST. PRINCIPLE AMOUNT ONLY (NOT RENEWAL L AMOUNT THE BASIC PRINCIPLE AMOUNT). SO YOU DONT TAKE THE AMOUNT WITHOUT INTREST. ALREADY NON-BAILABLE WARRANT HAS BEEN ISSUED AGAINST HIM. THAT WHY THEY LURING PEOPLE TO REDUCE THE STRESS FROM THE GOVERNMENT. RAISE YOUR COMPLAINT TO THROGH ONLINE http://webapps.cgg.gov.in/gms/registerGrievance.do ALREADY I WAS REGISTERED MY GRIEVANCE AND ISSUED CID ENQUIRY. AND YOU PLEASE BE REGISTER THROUGH ABOVE SITE. OK BE POSITIVE WE WILL GET BACK. DONT WORRY OK

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