Unitech Limited — Default in repayment of Fixed Deposit no. 1206035, due on 15/01/2014 for Rs. 2 lacs and overdue default interest as on date

Address:

Mumbai City, Maharashtra

Unitech Limited has defaulted repayment of the said Fixed Deposit on due date and as on date there is no communication from the Company as to when they would honour repayment. The intention of the management is purely malafied, intentional with an intent to defraud the money of small investors. Several mails were communicated to the Company Secretary/Compliance Officer/Managing Director, with no response. The management does not have minimum courtesy to communicate an Investor whose money has been utilized by them. Every time I spoke to the staff at the Secretarial Department, I was assured of given a month end date with a plea that they are expecting some fund by the end of this month and this kept on going several months. Lastly their Staff advised to make complaint at appropriate Forum and to sue the company and Directors if I wish to get my money back. This appears to the last recourse.