Unitech Limited — Default in return of Principal and interest thereon. | |||
My FD matured on[protected] but Unitech have neither paid back the principal nor paid any interest on the principal after the date of maturity. The Co.has applied to the Company law board, to seek permission to return the principal 30% within 15 months from date of maturity, another 30% within 30 months of maturity and balance 40 % within 40% of the date of maturity. This is too liberal and I think we should appeal to the Co.law board to force shorter periods, say 12 months and higher percentages of return of principal to say, 50% i.e two instalments only.The Co.should pay a penal rate of interest for the period after maturity. It is important that action should be taken by us immediately. P.Dayal email: [protected]@gmail.com Was this information helpful? | |||
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NON REPAYMENT FD ON MATURITY
I MADE FDR 41000/-ON NAME HARPREET SINGH ON[protected] FDR NO 1217912, & 1, 00, 000/- ON 4/02/2013 FDR NO 1207656 NOW COMPANY NOT GIVING MATURITY AMOUNT & GIVING ANY RESPONSE PLEASE HELP ME AGAINST COMPANYCustomer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
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+91 11 4166 4040 [Reg Office]
+91 12 4412 5200 [Corp Office]
+91 11 2685 7331 [Reg Office]
Unitech House L Block, South City - 1, Gurgaon, Haryana, India - 122001
View all Unitech Group contact information
Unitech has filed a petition with CLB for Delaying FD payments to all FD holders.
As this Section 74(2) of Companies Act allows the FD holders to object against this
petiotion every FD holder must file an objection with CLB, New Delhi Bench
Paryavaran Bhawan, B-Block, 3rd Floor,
C.G.O. Complex, Lodhi Road, New Delhi – 110 003.
They must object for Unitech to be allowed to delay the repayment. Unitech showed profits
in their results and is making payments to other lenders such as Banks etc.
As FD holders are individuals they want to take them for ride.
You may contact me at [protected] for any assistance. I am also filing objection. Please
file the same with details of your FD and ask for immediate payment.