Valecha Engineering Limited — Repayment of Fixed Deposits - No clear information

Address:Mumbai City, Maharashtra

There is no clear information on Valecha Engineering Ltd's intention to repay Fixed deposits. The only information I have is that they have stopped accepting FDs wef 1.4.15 which is the date given under the Companies Act, 2013 under S. 74(1). Other than that the company does not seem to have made any other voluntary disclosure in the public domain on repayment of its FDs. Anybody have any more information on Valecha, please write here. Also if there are any specific complaints on Valecha Fixed Deposits, please do write.
Was this information helpful?
No (2)
Yes (4)
Complaint comments 

Comments

I have on FD with valecha Engineering company. FD no 604489 Company has posted amount of interest but the principal amount is still with the company. Why is my Principal amount pending? Company should pay me the same.

Prajakta Kanitkar
Shreeram Sarma's reply, Jan 18, 2022
Hi, I also have a FD in valecha Engineering company. Have you received the FD amount back? Are you doing anything to get this amount back? The companies phone numbers seem to be not working at all. I dont know whom to approach as well.
if you are taking any action, please let me know at 9820564212
Correction, date it has stopped FD scheme is 1.4.14 instead of 1.4.15 accidentally mentioned in my post.
Hi, I am facing same issue. Haven't received principal amount cheque from valecha. do you have any update on when we can get that amount back form company? any news?
No even now no information is available.
Non Receipt of Maturity Amount on FD

I have invested
(1) Rs.35000/- in the name of Jayesh B. Modi joitly with Ramaben B. Modi.
(2) Rs.35000/- in the name of Jalpa B. Modi joitly with Ramaben B. Modi.
(3) Rs.35000/- in the name of Ramaben B. Modi joitly with Bharatkumar B. Modi.
which were matured on 27th June, 2015.

I got the interest for all these FDs. But till now I haven't received the CAPITAL AMOUNT YET from the company. Please do needful for that.

Bharatkumar B. Modi
Advocate & Notary
Mob. +[protected]
RABIDAS's reply, Aug 21, 2017
Who's this Jeetendra Daryani, is he the Dalal of Valecha Engineering ?
I KEPT RS.25000 IN THE NAME OF MRS JAYA RAJAGOPALAN WITH VALECHA ENGINEERING.
I HAVE TILL DATE NOT RECEIVED THE REPAYMENT DESPITE SEVERAL REMINDERS.

JAYA RAJAGOPALAN
14 CITADEL
SECTOR 14
VASHI
NAVI MUMBAI 400703
This is just to update everyone that I got my principal amount cheque from valecha before 10 days.
I have four deposits in the names of Arun kumr prabhala and Bhuvaneswari prabhala and Rakesh prabhala and Rashmi prabhala respectively which were due for more than a year and I am still awaiting repayment.
[protected]@gmail.com
I. Have. FD of. Valecha. Eng. Ltd. F D. No. 605996 DAKSHA M. KANIA. Matured. On 03216. But. Still. Not receive. Payment. I. am. Waiting. For. Repayment
I have fixed deposit with VALECHA ENG LTD deposit receipt No is 606380 for Rs 30000. matured on 07.03.16. Receipt sent to the company for payment. I have neither received the payment nor acknowledgement of F.D. receipt being received. Company is not picking the call and not acknowledging for any mails.
I have two fixed deposits with Valecha Engineering which matured on 13.03.2016 in my name and my wife's name for Rs 40000 each. We are senior citizens and need money for for our medical treatment. We would like to know when our money will be paid to us. Subhash Chander Talwar
i have three fdr no. 308320 mature on 28/8/15
310023 mature on 25/3/16
311315 mature on 28/6/16 each of rs. 20000
till to day i have not receive any information regarding repayment
inspite of repeated reminders neither i have receive repayment nor any reply
vijay bhayani
gopalvatika, near vrujdham, dwarka 361335 gujarat state
mob [protected]
[protected]@yahoo.co.in
My Fixed Deposit was due on 24th June 2016.a Till date I have not received the principle amount nor interest. Receipt no. 311144.

Shahzad H. Wadia
Mob no. [protected]
FDR No: 606344, Maturity Date:[protected], Maturity Amount: Rs.38, 004.Deposit Holders: G. Kalyanam & K. Vijayalakshmi, Phone :[protected];Mail: [protected]@gmail.com

Deposit was canvased by M/s. RR investors, Tenampet, Chennai, Tamil Nadu.

No response for all our efforts. Still the Amount is not paid( as on:[protected].
2 years now and the intrest and principal is pending, company refuses to answer emails or respond with an answer on when they will return the money due!!
I am also having FD with Valecha for which principal amount was not received back since 2015 Chandrakant Lalsare [protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Valecha Engineering
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    0%
    Complaints
    35
    Pending
    0
    Resolved
    0
    Valecha Engineering Phone
    +91 22 2673 3238
    +91 26 7336 2529
    Valecha Engineering Address
    Valecha Chambers, 4th Floor, Andheri New Link Road, Andheri (West), Mumbai, Maharashtra, India - 400053
    View all Valecha Engineering contact information