Upsidc — Complaint against UPSIDC-Meerut in not providing the permission to mortgage | |||
Dear sir, i have my factory in SPORTS GOODS COMPLEX, MEERUT which was developed by UPSIDC exclusively for the manufacturing of sports goods & equipment in MEERUT we have been running a factory here from past 15 years or so and our business organisation has been in this business from past 40 years & more since we are looking forward for the expansion of our infrastructure we have been trying to get the permission to mortgage this factory from the UPSIDC-MEERUT office, it has been nearly 4 months that i have personally visited and written letters to them and even the loan sanctioning bank State Bank Of India but nothing seems to be working as i dont get replied to my letters from there office neither after personally visiting and requesting the same seems to be working as the intentions seem just to trouble the businessman i really dont understand the reasons for delays and not even replying to written letters being sent to them by me so i personally visited the UPSIDC office and even that seemed of no help as they have not provided any time frame or any other document stating that the legal/document formalities either kindly do the needful to help with this regard as we are into exports of sporting goods and this delay to source funds is only making us loose our future growth & export orders further affecting our business growth targets thanks & regards Was this information helpful? | |||
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