[Resolved] Venkataraya Enterprises - Tanuku, Ap — FDR amount NOT paid even after 18 months of maturity
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.
Complaint marked as Resolved Aug 14, 2020