[Resolved] Jaiprakash Associates / Jaypee Group — Non receipt of matured fixed deposit | |||||
Jaiprakash Associates Ltd. has not paid the the following Fixed deposits 1) FD nO. 00338983 Matured on[protected] 2) FD No. 00577515 matured on[protected] The total amount is about 1.5lakhs. This is my hard earned money i am a widow and do not have any much income. It is now 2 years since the amount has matured. I have done these FD through Bajaj Capital, Mangalore office and every time when I enquire about my money with Bajaj capital they say they will pay at the end of the financial year. And like this 2 years have passed. Also I called the customer care of Jaiprakash associates but at times nobody answer the call or they are rude to us. I invested my hard earned money in this company to get some good returns but till date they are sitting with our money and not bothered to reply or give our money back. Was this information helpful? | |||||
Aug 7, 2021 Complaint marked as Resolved Jaiprakash Associates / Jaypee Group customer support has been notified about the posted complaint. | |||||
 1 Comment | |||||
Comments
Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
a company is at responding and resolving complaints by granting from 1 to 5 stars for each
complaint and then ultimately combining them all for an overall score.
Read more
Read more
12%
Complaints
350
Pending
0
Resolved
42
With reference to your query regarding your FD investment, we understand the concerns of your good self and deeply regret for the inconvenience caused. Bajaj Capital is taking the best possible efforts on your behalf. We assure your strong follow up from our side.
There was an important Newspaper Article (Times of India dtd 18th April 2017 – Page No: 19) regarding the Fixed Deposit payments of the company, in which the company is assuring FD payments shortly.
We also wish to inform you that the Company has approached Hon’ble NCLT for extension of time for repayment of outstanding deposits.
The subject matter was also listed before NCLT, Allahabad on 30 May for consideration on the issue of extension in making repayment to the deposit holders. The matter has been adjourned to 30/06/17 and the time has been extended till then to JP Associates to make the payments. Since courts are closed due to summer vacation, there is no staff at NCLT, Allahabad .
Also, for more details and information, you may refer below link :
http://economictimes.indiatimes.com/markets/stocks/news/jp-associates-surges-12-on-buzz-of-deal-completion-with-ult...⇄
For further queries you may also contact us at [protected]@bajajcapital.com.
Team,
FD Client Care
Bajaj Capital