M/s Valecha Engineering Limited Mumbai — Repayment of fd and payment of interest | |||||
Ms.Jyoti Issarani, PUNE Yes the Director report of above named company dated 17/8/15 for fy 31.3.15 on page 10 para 5 has made some disclosures... one among them is QUOTE..company has applied u/s 74/2 of the Act before CLB Mumbai Bench for the extension of repayment of FD accepted before commencement of the Act.No order has been passed by the CLB or Tribunal or RBI or any other Tribunal on the Company..UNQUOTE We have seen the Website of CLB Mimi for listing of case of M/s Valecha Engineering Limited but no listing of above case has been mentioned .Further the orders CLB are pasted but both no mention of the case is there. I have raised the issue through RTI on CLB Mumbai and awaiting the information from Bench officer and CPIO. Was this information helpful? | |||||
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Valecha Engineering customer support has been notified about the posted complaint. | |||||
 3 Comments | |||||
Comments
I think RBI has done a mistake by not protecting small investors while withdrawing company fixed deposit scheme and giving full freedom tp company to cheat the customers.
Will RBI take that responsibility and correct its mistake.
Huge numbers of small investors are impacted by all type of big or small company fixed deposits.
Please help
Will RBI take that responsibility and correct its mistake.
Huge numbers of small investors are impacted by all type of big or small company fixed deposits.
Please help
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+91 22 2673 3238
+91 26 7336 2529
Valecha Chambers, 4th Floor, Andheri New Link Road, Andheri (West), Mumbai, Maharashtra, India - 400053
Inspite of substantial profit in audit report why CLB has agreed to extend the fixed deposits payment.
On the other hand they haven't informed about any such development to investor.
I am also the shareholder of this company.
What is process of filing a legal case against the Valecha engineering
Manoj