[Resolved]  Dsk & Sons — Dsk & sons not depositing the the fixed deposit amount after maturity "unethical behaviour"

Address:Pune, Maharashtra, 411 005.

Hello,
This is to inform you that my FDR No.- S0504936 of Rs. 1 Lac has matured of 2nd February 2017, Issued cheque no. 417553 (bank of Maharashtra) dated[protected].

As per the instructions received from Shivajinagar, Pune Office I visited office on 23rd January 17 and requested Mrs. Purva Gore to deposit the FD amount to my account. She informed that cheque deposition is not needed and the amount will be transferred using NEFT service.
After I visited DSk office twice and requested to deposit the amount as I need it urgently for my daughters higher education in any case. I followed up with your officers by calls and messages; but they are not responding to any of my requests.
I am a social worker and have shared dais with Mr. D. S. Kulkarni in the career expo organized by Tarun Bharat group in Nagpur recently.
Please find herewith my daughter's admit card mentioning the required finances for her education. I urge you to look into this matter seriously and deposit the maturity amount very soon.
I did not expect such poor service from DSK group and it is a great disappointment for me to see such poor response; hence, I had to write a harsh mail to you.
I am hoping for a positive response within eight days (i.e. by 23rd Feb-2017). I need this money on highly urgent basis and if the money is not deposited till then, I will deposit the cheque given by you in my account. You must be aware that cheque bouncing is a criminal offense in India.
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Aug 23, 2017
Complaint marked as Resolved 
Mar 05, 2017
Updated by Jayanti16
Bouncing of a cheque invites criminal prosecution under section 138 of The Negotiable Instruments Act, 1881. Punishment for the offence under section 138 of NI Act is imprisonment up to two years or fine which may extend to twice the cheque amount or both. The offence is nonbailable, compoundable and non-cognizable.
Aug 23, 2017
Updated by Jayanti16
Hello,
This is to inform you that my FDR No.- 0605956of Rs. 1 Lac has matured of 23rd May2017, Issued cheque no. 472689 (bank of Maharashtra) dated[protected].

As per the instructions received from Shivajinagar, Pune Office I visited office personally 10 times and requested them to deposit the FD amount to my account. She informed that cheque deposition is not needed and the amount will be transferred using NEFT service.
After I visited DSk office twice and requested to deposit the amount as I need it urgently for my daughters higher education in any case. I followed up with your officers by calls and messages; but they are not responding to any of my requests.
I am a social worker and have shared dais with Mr. D. S. Kulkarni in the career expo organized by Tarun Bharat group in Nagpur recently.
Please find herewith my daughter's admit card mentioning the required finances for her education. I urge you to look into this matter seriously and deposit the maturity amount very soon.
I did not expect such poor service from DSK group and it is a great disappointment for me to see such poor response; hence, I had to write a harsh mail to you.
I am hoping for a positive response within fifteen days (i.e. by 05 SEPT-2017). I need this money on highly urgent basis and if the money is not deposited till then, I deposited the cheque given by you in my account. You must be aware that cheque bouncing is a criminal offense in India.
Bouncing of a cheque invites criminal prosecution under section 138 of The Negotiable Instruments Act, 1881. Punishment for the offence under section 138 of NI Act is imprisonment up to two years or fine which may extend to twice the cheque amount or both. The offence is nonbailable, compoundable and non-cognizable.
Aug 23, 2017
Updated by Jayanti16
This FD is On the NAME OF DSK & ASSO i.e. Company of DSK & ASSOCIATES.
Complaint comments 

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Plz add [protected], I m also a victim
Even my cheque is also bounced in name of with DSK brothers . the fixed deposit matured but cheque was bounced. If any one has Related go plz add my number [protected]
I have been a victim too. I trusted DSK group and invested money in FD only thinking one thing that Mr.Kulkarni is people's person and a good man. But i guess this is not true. It is best that we all file a legal suite against DSK Group for cheating people.

My number is [protected] - Sameer
Plz add [protected], I m also a victim
Please add me.[protected].
i am also a victim
pl also add [protected] in whatsapp group
These KULKARNIES are shameless persons. Had they thought about the urgency of the gullible borrowers, they should have morgaged all their valuables and paid dues to the claimants and there should have been no crisis of non payment of interest of either FD OR NCD. But it ia apparent that their heart is not pure and by hook & crookthe want to deceive & loot the customers who infact are like GOD for these people, otherwise where these KULKARNIS & Sons do stand.

I request MR KULKARNI to resolve this non payment of interest of FD & NCD urgently & amicably otherwise He may share & enjoy the same yacht like the great SUBROTO ROY of SAHARA.INDIA.
At Moneylife Foundation, we warn people that corporate FDs are unsecure and not 100% safe. We tell investors to look at credit ratings and only invest in AAA rated companies and not be greedy for 1% or 2% more.

You need to can file complaint (not just phone calls/letters) against the company at the Company Law Board (CLB), Ministry of Corporate Affairs (MCA) and SEBI. However, remember, filing complaint is no guarantee that you would receive your money, as not much action happens there and you may have to approach the EOW of Police.

Here is how you can file a complaint…

1. First, you should file a complaint with the Investor Grievance Cell of the company. Go to company's Website and check contact details. Email them regarding your issues and complaints and save it as a proof that they have not replied your complaints.

2. If you do not get proper response from them by email or on their helpline numbers, follow below steps and then escalate the issue. You can do this by filing an online complaint to MCA as mentioned below.

3. On MCA website (http://www.mca.gov.in/MCA21/index.html ) click on the right side menu under 'Important Links' click on 'Lodge Investor Complaints'. It will provide you Investor Complaint Form (http://www.mca.gov.in/DCAPortalWeb/dca/EFormDisplay.do?method=getForm&conte... ). Fill in all the necessary information and submit your complaint online.

4. While filling online complaint form on MCA website, you need to enter Corporate identity number (CIN) (http://www.mca.gov.in/DCAPortalWeb/dca/MyMCALogin.do?method=setDefaultProperty&... ) of company.

5. You can submit an online complaint to SEBI http://www.scores.gov.in/Complaint.aspx?flag=n

In addition, you can also file RTI (after say 30 days from filing complaint/s) with the CLB, MCA and SEBI to get information like file notings and action taken, if any, on your complaint.

Keep reading Moneylife (http://www.moneylife.in/ )

We earlier wrote an article on, 'How to get your money back from Yash Birla group companies' (http://www.moneylife.in/article/how-to-get-your-money-back-from-yash-birla-grou... ) to guide our readers in getting their corporate FD money back from Yash Birla Group of Companies. Many of them got their money back by using this process, as CLB directed company to pay to its deposit holder. (http://www.moneylife.in/article/company-law-board-directs-zenith-birla-ltd-to-p... )

If required, you can meet our experts on Thursday during the Daily Free Guidance Session between 5pm to 7pm at our office. You can also show the documents to the expert for guidance.
I am also Victim. Pls add my no. [protected]
I am also Victim, Please add no. [protected]
I am also an investor in DSK FD, they are not giving any intrest on my deposit since feb-2017, please add my number [protected].
I am also one of the investor like you all . My FD is not yet matured but they have not deposited TDS for the last whole year, hence I checked with their office but there is no proper response. My cell no. [protected]. pls add in your list.
Pl add me [protected]
Please add me [protected]. Thank you.
Same here, FD 6 lakhs in the name of Son Karan Kulkarni is matured on 2nd July, cheque bounced. Contacted DSK, no responses, only false assurances.

Suhma Kulkarni
[protected]
Please add my number [protected]
Please add [protected] to the dal victims grp
Pls add [protected] to group.
Hi everyone. My father Mr. Chandrakant Pandurkar resident of Pune has also deposited few lakhs in the DSK FD scheme and has been receiving false promises from their office whenever he has visited them. Please add me in the group to keep me updated on the developments and my whats app no is +91 [protected].
Please add my mobile no. [protected] also in whats app group.

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    Maharashtra
    India
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