Kapil Chit Funds — Regarding Legal Notice

Address:Patancheru , Hyderabad

With Reference to chit reference APCMO2H-23 which was from commenced from July-2015.
I had paid all due ontime to agent Baswaraj Madapati and he also mentioned as closed in the book.But after 6 months of closure in Aug-2018
i got initial legal notice stating 1 month amount is due, and received second notice in Dec-2018.
As suggested by Patancheru Branch manager I had visited Sangareddy legal ofice and have given written complaint in Dec-2018 along with the closure proof
and I have been informed they will recover from agent.

Now in Aug-2021 after 3 years of Chit closure i'm getting a call that the due is still not cleared.
It's a shame on Kapil Chit funds and allowing such agents and giving trouble to honest chit payers.

Even after providing enough evidence sending legal notice to gauratee is extremely bad and my reputation is at stake.

I appeal to higher authorities to Close this issue and provide NOC for the same.

Considering this issue even stopped referring people to Kapil chits and I stopped subscribing to new chits.
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Kapil Chit Funds customer support has been notified about the posted complaint.
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Comments

Not expected from kapil chits. I refered 2 people in the past but will neither invest nor refer anyone. 2 years to solve a problem is totally waste of time and it's a pain to follow up.

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