Nathella Jewellery — jewellery chit - unsettled amount

Address:600040

I joined the nsc zero% jewellery purchase plan of rs.5000/- for 11 months group commenced from march 2016 and it is matured on may 2017.
But to my surprise and shock the jewellery shop expressed their inability to settle the plan immediately and told me to order the ornament towards my chit plan and told me to wait for another 40 days.
Accordingly i ordered a chain during june 2017. But it is unfortunate that the jewellery shop has neither settled the chit nor did they arrange for the jewel i ordered so for.
In the meantime the jewellery shop has given public notice in the english daily, the hindu dated 24/10/2017 have stated that inability to settle the chits amount due to cash crunch.
In view of the above, i request your intervention and action to get the refund of the chit amount from the jewellery firm.
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I m also done my 11 months instalments each 3000, but they run away .what can we do now. May we form any group and fight against the cheeted group. My no is [protected].

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    Anna Nagar, Chennai
    India
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