Vijaya Bank Complaints & Reviews

atm cash loss
[protected] holder of vijaya bank sd road sec-bad, during the atm cash withdrawl of 1000/-rs on 17/03/10 at others vijaya bank atm nallakunta branch the power is fails and the during cash disbursed time the power is gone and my 1000/-rs loss at the same time i approach to branch manager assistant and given a application along with proof of receipts of atm but the money is not credited to my account then i again approach to same person after one week he said the money will be coming in to ur acount within a few days i approach again after 20 days he said i submitted ur request already but the delay is coming from his head office at bangalore but no improvment upto now no money is credited in my account after a long time i made a complaint now and at the time of the money is jammed in atm my wife was in a hospital and given a birth one day before and the moment which the atm fails to give my money and the bank people also hopeless plz kindly look my compaint thank you...

I N D I A N A C T I O N P A R T Y
[ LEGAL WING ]
Wheat Crafts Road, Phone No.[protected]
CHENNAI[protected] [protected]@yahoo.com *****************************************************
Date: 03/05/2010.

N O T I C E
To

The Senior Branch Manager,
VIJAYA BANK
(A Govt. of India Undertaking)
Industrial Finance Branch (3042)
No. 182, Poonamallee High Road,
Kilpauk, Chennai – 600010.

Ref. No: IFB: (SEC NOT) 03/ /2006 Dated: 20/05/2006

Sir,

With reference to your above notice:

We find in the 3rd Page:

(Details of Mortgaged properties of the Borrower).

EMDTD of All that piece or parcel of revenue free land together with building properly bearing Survey number 16/5, 17/4C, 17/4A, measuring an area of 381 sq.ft. o[censored]ndivided share of an extent of 50.35 Grounds, building at Flat 1, Wing No.1,7th floor, Arihant Majestic Towers, situated at No.10 & 11, Jawahar Lal Salai, Koyambeedu, Chennai 600106, was standing in the name of P.C. Chugh. (Managing Director & Guarantor)

EMDTD of All that piece and parcel of revenue free land together with building property bearing Flat No. 4, in RS No. 1847, 1st Floor, Rear portion containing an area of 550 sq. feet & Flat No. 7, 3rd Floor, Rear portion containing an area of 550 Sq. feet situated in Mouza Dhakuria, Sub Registry – Alipore, P.S. Jadavpur, Sadar Collectorate Estate No. 230 to 233 within the Corporation of Kolkotta, Ward No. 32, Station Road, Kolkotta (W.B.) Pin Code 700031 standing in the name of Sibapada Chatarjee [Former Director] and Guarantor.

EMDTD [Third party Collateral] VICTISED PROPERTY.
All that piece and parcel of land and Very Old building bearing West Madras Municipal Door No. 28. Chennai Corporation Old Door No.68, New No.16, Periana Maistry Street, Periamet, Chennai - 600 003, measuring 1820 sq.ft., (as per patta ) with all the fixtures & T.N.E.B electrical connection & deposit and other amenities lying thereon, comprised in O.S. No.457, R.S. No. 430, Patta C.A. No. 313/2009, situated at VEPERY VILLAGE, Fort-Tondiarpet Taluk, Chennai (Central) District standing in the Name of Vijaya Bai Rufus, with six long leased tenants hereinafter referred to as the said property for brevity.

Three properties under Mortgage, originally there were few more properties in Mortgage but Bank had slowly done the job of PEST [karaiyan] and we also wonder of your high power intelligence and super BRAIN master planning capacity, how you have brought in a third party collateral and swindle those properties of the Borrower and finally trying to snatch the property of an innocent Victim. How is it sir, you people are so intelligent in planning for a wrong doing even politicians cannot compete you, sir. Sir, do you expect Government to appreciate you for having such cruel plans and garland you people. But we Indian Action Party wonder of your Master plans.

You are hereby requested to go through the details furnished below and we are to inform you that; Beware, all the facts mentioned herein, are supported by Documental Evidence and Witnesses.

Kindly read it carefully and revert with conscience, we expect humanitarian action and not officialdom.

But you have failed to note that there is Super Power Almighty God watching everything, sir, some times truth are silent but finally truth will succeed. Alas.

Report submitted by the Private Detectives of the Party after thorough Investigation and interrogation:

THE FACT:

SUBJECT: M/s. Vijaya Bank IFB 3042 Vs Mrs. Vijaya Bai.

M/s. Macenzie Exports Pvt. Ltd. had started Banking operation in the year 1997, and had taken various Loans, Business Loans, Home Loans and Personal Loans against mortgaging their Property without any third party collateral Refer your Record till 2005 such as:

Secured and Unsecured Loans:

1. Packing credit loan Rs. 75,00,000
2. FUDBP loan Rs. 50,00,000
3. Housing loan [P.C.Chugh] 11,55,000
4. Housing loan [P.C.Chugh] 7,00,000
5. Pro-note loan to P.C. Chugh 2,00,000
6. Pro-note loan to Mrs. Sudeshna 2,00,000

Total Rs. 1,40,55,000

[Mrs. Vijaya Bai, is brought in as Guarantor for Existing Packing Credit Loan & FUDBP Loans of M/s. Macenzie Exports Pvt. Ltd.,]

MAIN QUESTION THAT NEEDS EXPLANATION:

Vijaya Bank IFB 3042 had given the above loans to the said Company against the properties of the Managing Director and other Directors and also Given Personal Loans against the Pro-notes, please explain: Why the property of Mrs. Vijaya Bai Chellappa was taken as a third party collateral?.

If you analyze then you will know the whole scam.

01 . FIRST-ACCUSED VICTIMISERS. [SPIDERMEN].

VIJAYA BANK, [A Government of India Undertaking] Industrial Finance Branch [3042], [Spider-net] ‘Ankur Manor’, No. 182, Poonamallee High Road, Kilpauk, Chennai – 600010.

02. SECOND ACCUSED -VICTIMISERS: [SPIDERS].

a. Mr. P.C. Chugh son of Jonan Chand Chugh.

b. Mrs. Sudeshna Chugh both Residing at Flat-1, Wing No. 1, 7th Floor, Arihant Majestic Towers, Koyambedu, Chennai – 600094.

AND

c. His father-in-law Mr. S P Chattarjee, S/o. B.P. Chatarjee Residing at No. 58/1, Saptaparini Apartments, Flat No. 77-G, Baaly Gunj, Circular Road, Kolkotta - 700019 (W.B).

02 A. Mr. P.C. Chugh, as Managing Director and his wife Mrs. Sudeshna Chugh and His father-in-law Mr. S. P. Chattarjee, as board of Directors was Running a Business in the Name as M/s. Macenzie Exports Pvt. Ltd., # 14, Ambalavanan Street, 1st Floor, Chennai – 600106 and later shifted to Aminchikarai, Chennai.

And the above loans were given out of way beyond the limit for bribe, creating a Scam. And Chugh had done a total turnover within 2005 to a tune of 16.63 Crores [One hundred and sixty six Million and three hundred thousand Rupees] and his company had paid to the Vijaya Bank, interest alone to a tune of Rs. 71,00,000/- [Rs. Seventy one Lakhs].

P.C. Chugh Crying In his Affidavit is as follows:

“I, P.C. Chugh had pledged all our properties with the bank for availing the loans. In the month of Oct 2005, we had requested the bank for working capital and the bankers suggested me to sell some of my existing collaterals to reduce the Adhoc limits and through bringing/substituting with new collateral to secure the Bank. In this connection we met Mr. Chellappa through a broker Kannan, and we victimized Chellappa to pledge the said property. We entered into an agreement and signed a memorandum wherein we paid Mr. Chellapa approximately Rs. 4,00.000/- [Four lakhs only] and mortgaged the property of Mrs. Vijaya Bai Chellappa. We released and sold the mortgaged properties with Vijaya bank.

1. Property at Muttukadu Lake at distress and paid the bank Rs. 24,00,000/- [Rs. 24lacs] directly from the buyer in the month of November, 2005.

2. Subsequently from the Sale of Mogappair Flat the bank received Rs. 10,00,000/- [10lacs] in the month of February, 2006.

3. From E.C.G.C. Rs. 19,25,000/- [Rs. 19lacs, 25thousand] in the month of March, 2006

The liability was reduced by Rs. 54,00,000/- [Rs. 54lacs] and we were looking for further support from the bank, to start the business with orders and Letter of Credits in hand but the bank after receiving the said amount refused to co-operate and made our account as NPA and thereby we lost our entire business. Subsequently the bank send us securitization notice in May 2006 and refused our several proposals to restructure our account.

4. We sold our own flat at Koyembedu to our friend Mr. Baskar and the bank received Rs. 32,00,000/- [Rs. 32lacs] directly from Kotak Mahindra Bank in June 2007.

5. Even after this we paid Rs. 2,00,000/- [Rs. 2 lacs] to the bank.

6. Hence we paid a total of nearly Rs. 90,00,000/- [Rs. 90 lacs].

In the year 2007 to save Mr. Chellappa from the evil clutches of the bank, as the bank was threatening to take action and demanding further payments, we sold our own flat at Koyembedu to our friend Mr. Baskar and the bank received Rs. 32,00,000/- [Rs. 32lacs] directly from Kotak Mahindra Bank in June 2007. Even after this we paid Rs. 2,00,000/- [Rs. 2 lacs] to the bank. We paid a total of nearly Rs. 90,00,000/- [Rs. 90 lacs].

We were totally taken for a ride by the bank and gross injustice has been done to us. Now the bank is threatening with so many sort notices.”

In the letter dated 19th September, 2008 written by Chugh to the Bank we find the following facts:

01. “We sold our property at Mutukaddu Lake, E C R, in the year 2005 at the INSISTANCE of the bank to reduce our liabilities so that we could be provided with the working capital needed to revamp our business. With complete trust we disposed the same for Rs. 24,00,000/- [Rs. Twenty four lakhs] under distress. Today the value of the property stands in excess of one crore. After this neither we received any working capital nor could we retain the property which we would have disposed now at today’s market value, we could have wiped off our entire liability with the Bank. Soon after the receipt of Rs. 24,00,000/- [Rs. Twenty four Lakhs], the bank DECLARED our account as NON PERFORMING ASSET in the Month of December, 2005. Still with the hope that the bank would stand by us and commit as promised, we sold our residential property in Mogappair once again under distress for Rs. 10,00,000/- [Rs. Ten Lakhs] in the month of January, 2006. On repeated letters and plea, yet we did not receive the working capital as promised to restructure and move forward with our business. Today value of this property stands in excess of Rs. 30lackhs.Total loss occurred from selling these two properties untimely on the INSISTANCE of the bank was nearly Rs. 1,00,00,000/- [Rs. One Crore] app.. This amount would have been useful for us to settle the entire outstanding with the Bank, had we not sold those properties then.

02. In both cases, we had SUBSTITUTED with a third party collateral with the bank to the tune of 46lakhs to SAFE GUARD the bank interest before being SUGGESTED by the Bank to sell these two properties.

03. Further we recovered claim 19.25lakhs from ECGC in the month of February after long pursuance and follow up and reduced the FUDBP liability to this extent.

Finally we have sacrificed our only Residential property and sold for 32,00,000/- [Thirty two lakhs] to one of our friends to reduce the liability further with the Bank”.

Chugh had submitted letters for discounting of his company bills under L/c from Prime Banks and had requested to adjust as high as 25% from every bill towards Adhore, PCL and FUDBP but it seems that the Bankers had demanded more bribe, more than
the profit he could make, there were no positive reply from the Vijaya Bank and as the bank scammers refused to support, company was unable to do further business and repay and Bankers had big headache; so, Bankers Master Planned to escape from the clutches of the scam that as follows.

After getting the Victimized Documents as collateral security in substitution of Chugh’s properties for the loans availed long time back, the Bankers had sold the properties of Chugh and reduced the liability to their convenient level and said TATA Bye Bye to Chugh and finally fooled Chugh..

We INDIAN ACTION PARTY strongly condemn and protest.

03. VICTIMISEE:

In the meantime the Victim Mr. A.C.S. Chellappa was searching for a loan of two to three lakhs, during that time one Mr. Kannan, a Finance Broker introduced the Bankers [Spidermen] of Vijaya Bank, Industrial Finance Branch 3042, [Spider-net] Ankur Manor, No. 182, Poonamallee High Road, Kilpauk, Chennai – 600010 to Mr. A.C.S. Chellappa son of S. Sundaram, aged about 73 years, Residing at No. 16/68, Perianna Maistri Street, Periamet, Chennai – 600003 and the Banker introduced Mr. P.C. Chugh to A.C.S. Chellappa.

VICTIMISED PROPERTY IN DISPUTE:

EMDTD All that piece and parcel of land and Very Old building bearing West Madras Municipal Door No. 28. Chennai Corporation Old Door No.68, New No.16, Periana Maistry Street, Periamet, Chennai - 600 003, measuring 1820 sq.ft., (as per patta ) with all the fixtures & T.N.E.B electrical connection & deposit and other amenities lying thereon, comprised in O.S. No.457, R.S. No. 430, Patta C.A. No. 313/2009, situated at VEPERY VILLAGE, Fort-Tondiarpet Taluk, Chennai (Central) District standing in the Name of Vijaya Bai Rufus, with six long leased tenants hereinafter referred to as the said property for brevity.

04 A. The Guideline value of the said property in the year 2005 was 23,00,000/- [Rs. Twenty Lakhs only] and the Banker’ Valuae’r Report was Rs. 43,00,000/- [Rs. Forty Three Lakhs only].

Taking the said [Disputed] Property as collateral security for Rs. 1,40,00,000/- [One Crore forty Lakhs] against existing loan beyond the value reveals the Criminal plan of the Banker and force to treat the Banker as the first Accused and worst criminals in this case. If at all Bank intends to provide fresh loan on third party collateral, Bank should follow the Norms framed by Reserve Bank of India and that which cannot not exceed 34% of the Market Value.

05. The Bankers, Mr. P.C. Chugh and Mr. A.C.S. Chellappa had a meeting on Monday the 25th April, 2005 in a Restaurant, one of the Banker lied to Chellappa that P.C. Chugh had approached Vijaya Bank for a fresh loan of Rs. 20,00,000/- [Rupees Twenty Lakhs only] and that the Bank was willing to provide the said loan on security of third party collateral.

05 A. Mr. A.C.S. Chellappa had told the banker that the said property originally belongs to his wife Mrs. Vijaya Bai and under went Settlement, supplementary settlement and Revocation.

05 B. The Bankers had visited the premises of Vijaya Bai and had seen her bedridden since 3rd January, 2005 due to right side paralyzed attack and further she had a serious illness due to cancer in gallbladder because of stone grown and her body condition was unfit for operation and she was in a coma state. Later the innocent Vijaya Bai died without any knowledge of these criminal transactions on 4th Jan, 2008.

06. Even after seeing her bedridden the Bankers knowingly asked, if Chellappa could furnish the original title Deeds of the said property and sign wherever required and the bankers had told that they will take care. Further it is understood from Chugh
that the Senior Manager had suggested the first plotted plan that Chellappa, should become a Director of M/s. Macenzie Exports
Pvt Ltd,. before Registering any Document or signing the memorandum, this Master plan reflects in the legal opinion, as
‘Abundant Caution’ given by the Bank’s Panel Advocate Mr. S. Jayakumar.

06 A. Accordingly Mr. P.C. Chugh had given a proposal in writing to Chellappa. And both signed a Memorandum o[censored]nderstanding that was brought by Chugh. And Chugh also issued a Cheque for Rs. 20,00,000/- [Rupees Twenty Lakhs] without date and Chugh took signatures of A.C.S. Chellappa in few printed papers and blank papers. Chellappa had signed all in good faith, without the knowledge of Chellappa, Chugh made him a Director of his company on the 19th Day of October, 2005 and on the same day Chugh cunningly eliminated his father-in-law Mr. S. P. Chattarjee, from the company because Mr. S. P. Chattarjee’ property is under mortgage. To this deal Rs. 420,000/- [Rupees Four Hundred and twenty thousand only] was fixed and that to be paid by P.C. Chugh. Rs. 4,00,000/- [Rupees Four Lakhs] to Chellappa and Rs. 20,000/- [Rupees Twenty thousand] to the broker.

07. As Mr. Chellappa was terribly in need of money to give treatment to his wife and to run the family, he agreed to the idea proposed by Bankers and Chugh.

08. Banker had maneuvered the encumbrance certificate without reflecting:

01. The registered deed of settlement dated 2nd Day of January, 1960.

02. Supplementary Settlement Deed dated 4th Day of February, 1976.

03. Deed of Revocation dated 17th Day of July, 1979.

and had arranged a stranger and Manufactured an Impersonated Power Deed in favour of A.C.S. Chellappa as if executed by Vijaya Bai, the Power Deed was forged with signatures impersonating Vijaya Bai further the stranger had subscribed her left thump impression in the fabricated Power Deed whereby the Power Deed is null and void hence the activities of the fraudulent by the said Power Deed does not imply to Original Vijaya Bai and the said stranger Duplicating Vijaya Bai is still alive willing to give confessional statement before the court of Law while the Original Vijaya Bai is Dead.

09. According to their master plan, the Bankers Technically split the Registration into two parts, One On 11th November, 2005 Mr. Chellappa was taken to Sub-Registrar’ Office at Periamet to Register a Memorandum of Deposit of Title Deeds, for and against the whole loan of Rs. 1,40,00,000/- while there were few other properties already in Mortgage sufficient to meet the loan but the bankers had cruel plan to sell some of the properties and substitute with Vijaya Bai property till the Month of May, 2006. In the month of June, 2006 the Bankers sold Chugh properties without the knowledge of Chellappa.

09 A. The Bankers took signatures of Chellappa in some printed papers and blank papers. Then Mr. P.C. Chugh paid Rs. 1,00,000/- [Rupees. One Lakh] to Chellappa and promised to pay three lakhs on 14th November, 2005.

10. Subsequently On 14th November, 2005 Chellappa was taken
once again to Sub-Registrars Office at Peramet to sign an illegal Document after which Chugh paid Rs. 2,80,000/-. Chellappa is totally victimized and being cheated.

11. Mr. P.C. Chugh promised that he will release the documents within six months. Using the financial crisis the Bankers and P.C. Chugh had victimized A.C.S. Chellappa and thus Chellappa is injured jointly.

12. And Chellappa was asked to sign in a Declaration and some one was arranged by the Bankers for the second time to Duplicate Vijaya Bai and the impersonator had signed the signature of Vijaya Bai in the Declaration brought by the Banker and being attested by a foolish NOTORY, hence the forged signatures Impersonating Mrs. Vijaya Bai differs from one another.

[The signatures impersonating Vijaya Bai in the Power of Attorney totally differs from the signatures impersonating Vijaya Bai in the Declaration]

12 A. Two different persons Duplicating Vijaya Bai Disguised her. Dupes were engaged by the Bankers to impersonate Vijaya Bai at two different occasions.

AND

In fact the original signature and Thumb Impression of Vijaya Bai is very much available in

01. The Registered Settlement Deed dated 20th Day of January, 1960.

02. Supplementary Settlement Deed dated 4th Day of February, 1976.

03. Deed of Revocation, dated 17th Day of July, 1979.

04. And few other Important Documents.

All Registered at the Sub-Registrar’ office at Periamet and also reflecting in the Original Records Maintained by the Sub-Registrar, Periamet.

13. Later Chellappa was tortured to pay 71,00,000/- [Rs. Seventy one Lakhs] to the Bank in order to release the documents and Chugh mercilessly insisted Chellappa to sell the property, giving a false promise that he will repay the said Rs. 71,00,000/- [Rs. 71Lakhs] in 10 years period of time while Chellappa was counting his last days, all of the sudden Chugh gave a shocking news that the bank is demanding Rs. 75,00,000/- that news mentally tortured and killed Chellappala on 9th Day of January, 2010.

Let the curse of Chellappa, whole mankind and Almighty God be on the Cruel Bankers and their family.

14. According to the Correspondence Made by Chugh to the banker, his letters reveal the truth behind the whole play made by the Banker, no where the banker refused to the accusation made by Chugh. Mr. Chugh was approached by the members of Indian Action Party. On the request of Mr. Chellappa, Party had
Collected some documents from Chugh forcefully and found the entire operation made by the Bankers and Chugh.

15. The banker had planned to get a third party collateral and sold the property of Chugh to reduce the liability and now holding the victimized property of Chellappa. All these loans were given long time before Depositing the Title Deeds of the said property.

16. The bankers were well aware that they had given excess unsecured loans beyond the limit to Chugh and they knew that Chugh will not be repaying, lead to the headache for the banker, to find a remedy as such a criminal plan had been plotted by the bankers and purposely brought in an innocent victim Mr. A.C.S.
Chellappa. No loans were given against the said property and the cover note and declaration made on the property is for Rs. 1,40,00,000/- [One crore and forty lakhs] beyond the value [Rs. 43,00,000/- Rupees Forty Three Lakhs].

17. P.C. Chugh for ‘naam kay wasthey’ for name sake had transferred the title of his flat which was kept as collateral:

EMDTD of All that piece or parcel of revenue free land together with building properly bearing Survey number 16/5, 17/4C, 17/4A, measuring an area of 381 sq.ft. o[censored]ndivided share of an extent of 50.35 Grounds, building at Flat 1, Wing No.1,7th floor, Arihant Majestic Towers, situated at No.10 & 11, Jawahar Lal Salai, Koyambeedu, Chennai 600106, was standing in the name of P.C.Chugh. (Director & Guarantor)

to his friend Mr. Basker and Chugh is paying a monthly EMI of Rs. 40,000/- every month to kotak Mahindra Bank and staying in the same apartment which was vested with Vijaya Bank as security for his loans.

18. First of all let the Bankers go to Kolkatta and auction the property of Chugh’s father-in-law which is under collateral with Vijaya Bank:

EMDTD of All that piece and parcel of revenue free land together with building property bearing Flat No. 4, in RS No. 1847, 1st Floor, Rear portion containing an area of 550 sq. feet & Flat No. 7, 3rd Floor, Rear portion containing an area of 550 Sq. feet situated in Mouza Dhakuria, Sub Registry – Alipore, P.S. Jadavpur, Sadar Collectorate Estate No. 230 to 233 within the Corporation of Kolkotta, Ward No. 32, Station Road, Kolkotta (W.B.) Pin Code 700031 standing in the name of Sibapada Chatarjee [formar Director] and Guarantor of the bloody loans.

19. If we challenge the signature of Vijaya Bai one between the other on which bankers are relying upon. It will be proved that all are fabricated and hence the documents are null and void.

20. Mr. Chugh had corrupted the banker and had obtained loans beyond the security given by him. The bankers in order to safe
Guard, had cruelly planned and victimized an innocent person Mr. A.C.S. Chellappa.

21. We wonder: Why Bankers behaving like a cheat?.

Bankers were doing nothing since 2005 only waited for the death of:

01. Mrs. Vijaya Bai.

02. Mr. A.C.S. Chellappa.

As they expected both the victims died after which Bankers now started and trying to snatch the property of the innocent people. RIDICULOUS.

Let the bankers answer.

01. Is it true or not?.
02. What for they have been waiting since 2005?
03. Why did they not taken any action against Chugh?
04. Why did they not attack Chugh’s property at Calcutta?
05. Is Vijaya Bank, ‘A FRIEND YOU CAN BANK UPON’?
06. Are they not fraud?
07. Let the Bankers show cause, why a criminal case should not be filed against them?
08. Do they want us to go in a Democratic way?
09. Or to be given to third grade politicians to deal with?

22. Suggestion:

A complaint could be filed U/s. 200 r/w 243 and 315 Cr.P.C..

Charges are Punishable U/s. 420, 406 and 506 [ii] IPC.

23. FINAL: Finally Mr. A.C.S. Chellappa, the poor Victim died on the 9th Day of January, 2010 say, he was tortured and killed by the Bankers indirectly.
IN THE INTEREST OF THE GENERAL PUBLIC WE HAVE DECIDED TO PROSECUTE VIJAYA BANK INDUSTRIAL FINANCE BRANCH KILPAUK CHENNAI BEFORE HON’BLE CMM COURT, EGMORE CHENNAI.
TAKE NOTICE THAT VIJAYA BANK SHOULD REPLY WITHIN 14 DAYS OTHERWISE THE SCAM WILL FLASHED IN ALL NEWS PAPERS AND MEDIA. THIS GOING TO BE THE TALK OF CHENNAI LIKE NITHYANANTHA.
BUT WE HOPE YOU WILL NOT PUSH US TO THAT EXTREME TO BRING YOUR TRUE COLOUR BEFORE THE PUBLIC.
IN THE EMAIL SENT TO YOU WE HAVE ATTACHED THE FULL DETAILS OF THE INDIAN ACTION PARTY IN ENGLISH AND TAMIL. THIS IS NOT RUN BY CHEAP POLITICIAN. THIS IS RUN BY HUMANITARIANS IN THE INTEREST OF THE GENERAL PUBLIC.
You are hereby requested to acknowledge on receipt of this notice and expecting your reply through our Email ID.
Thanking you,
Yours truly,


S.S. NARAYAN, B.A., B.L.,
EXECUTIVE MEMBER [LEGAL WING]
Copy to:
1. Finance Ministry, New Delhi.
2. Press: Hindu, Indian Express and Daily Thanthi.
3. The Governor, Reserve Bank of India,.
4. The Governor of Tamil Nadu.
5. Commissioner of Police, Chennai.
POLICY OF INDIAN ACTION PARTY:
01. BETTER THE CITIZEN BETTER THE NATION.

02. DO OR DIE.

03. LIVE AND LET LIVE.

04. HONESTY IS NOT ALWAYS THE BEST POLICY.

I N D I A N A C T I O N P A R T Y.
[ LEGAL WING ]
Bajanai Koil Street, [protected]@yahoo.com
Chennai – 600 094 Phone No.[protected]
[protected][protected][protected]--------

Report submitted by the Private Detectives of the Party:

THE FACT:

01. VICTIMISED PROPERTY IN QUESTION:

All that piece and parcel of land old building bearing West Madras Municipal Door No. 28, Chennai Corporation Old Door No.68, New No.16, Periana maistry street, Periamet, Chennai 600 003, measuring 1820 sq.ft., (as per patta ) with all the fixtures & T.N.E.B electrical connection & deposit and other amenities lying thereon, comprised in O.S. No.457, R.S. No. 430, Patta C.A. No. 313/2009, situated at VEPERY VILLAGE, Fort-tondiarpet taluk, Chennai District standing in the Name of Vijaya Bai Rufus, herein is hereafter referred to as the said property for brevity.

02. VICTIMISER:

One Mr. P.C. Chugh son of Jonan Chand Chugh, First Victimizer, Residing is at Flat-1, Wing No. 1, 7th Floor, Arihant Majestic Towers , Koyambedu, Chennai – 600094.

Running Business Name and Style M/s. Macenzie Exports Pvt. Ltd., # 14, Ambalavanan Street, 1st Floor, Arumbakam, Chennai – 600106 and his company had started operation with the second Victimizer Vijaya Bank in the year 1997, Vijaya Bank had given various loans such as business loans, home loans and personal loans and the Bankers had given loans to Chugh, out of the way beyond their limit for materialistic reasons jointly as a team created a scam, and Chugh had done a total turnover within 2005 to a tune of 16.63 crores and his company had paid to the Second Victimizer Vijaya Bank, interest alone to an extent of Rs. 71,00,000/- [Rs. Seventy one Lakhs] he had submitted letter for discounting of his bills under L/c from prime Banks and requesting to adjust as high as 25% from every bill towards adhore PCL and FUDBP but it seems that the Bankers had demanded more bribe, more than the profit he could make, hence there were no positive reply from the Vijaya Bank and And P.C. Chugh was unable to repay and the Bankers had big headache so they master planned to escape from the clutches of the scam that as follows.



03. VICTIMISEE:

That the Victim Mr. A.C.S. Chellappa was searching for a loan of two to three lakhs during that time one Mr. Kannan, a Finance Broker introduced the Bankers [Spiderman] of Vijaya Bank, Industrial Finance Branch, [Spider-net] Ankur Manor, No. 182, Poonamallee High Road, Kilpauk, Chennai – 600010 to Mr. A.C.S. Chellappa son of S. Sundaram, aged about 73 years, Residing at No. 16/68, Perianna Maistri Street, Periamet, Chennai – 600003 and the Banker introduced Mr. P.C. Chugh to A.C.S. Chellappa.

04. The Bankers, Mr. P.C. Chugh and Mr. A.C.S. Chellappa had a meeting on Monday the 25th April, 2005 in a Restaurant, one of the Banker told Chellappa that P.C. Chugh had approached Vijaya Bank for a fresh loan of Rs. 20,00,000/- [Rupees Twenty Lakhs only] and that the Bank was willing to provide the said loan on security of third party collateral. Mr. A.C.S. Chellappa had said to the banker that the said property originally belongs to his wife Mrs. Vijaya Bai who was paralyzed and bedridden since 3rd January, 2005 further she had a serious illness due to cancer in gallbladder and her body condition was unfit for operation and she was in a coma and Later she died on 4th Jan, 2008.

05. The Bankers asked, if Chellappa could furnish the original title Deeds of the said property and sign wherever required and the bankers had told that they will take care. Further it is understood from Chugh that the Manager had suggested that Chellappa, should become a Director of M/s. Macenzie Exports Pvt Ltd before registering any document or signing any contract, this fact reflects in the legal opinion, as ‘Abundant Caution’ given by the Bank’s Panel Advocate Mr. S. Jayakumar.

07. Accordingly Mr. P.C. Chugh had given a proposal in writing to Chellappa. And both signed a Memorandum o[censored]nderstanding that was brought by Chugh and Chugh took some signatures of Chellappa in few printed papers and some blank papers. Chellappa had signed all in good faith, without the knowledge of Chellappa, Chugh made him a Director of his company and on the same day Chugh cunningly eliminated his father-in-law Mr. S.P. Chattorjee, from the company. To this deal Rs. 420,000/- [Rupees Four Hundred and twenty thousand only] was fixed and that to be paid by P.C. Chugh. Rs. 4,00,000/- [Rupees Four Lakhs] to Chellappa and Rs. 20,000/- [Rupees Twenty thousand] to the broker.

08. As Mr. Chellappa was terribly in need of money to give treatment to his wife and to run the family, he agreed to the idea proposed by Bankers and Chugh.

09. Banker had maneuvered the encumbrance certificate without reflecting the registered deed of settlement dated 2nd Day of January, 1960 Supplementary Settlement Deed dated 4th Day of February, 1976 and Deed of Cancellation dated 17th Day of July, 1979 and had arranged a stranger to manufacture a impersonated Power Deed in favour of A.C.S. Chellappa as if executed by Vijaya Bai, the Power Deed was forged with signatures impersonating Vijaya Bai further more the stranger had subscribed her left thump impression in the fabricated Power Deed whereby the Power Deed is null and void hence the activities of the fraudulent by the said Power Deed does not imply to Original Vijaya Bai and the said stranger Duplicating Vijaya Bai is still alive willing to give confessional statement before the court of Law while the Original Vijaya Bai is Dead. She had died without any knowledge of these criminal transactions.

10. According to the master plan of the Banker, On 11th November, 2005, Chellappa was taken to Sub-Registrar’ Office at Peramet for the Deposition of Title Deeds. The Bankers took signatures of Chellappa in some printed papers and blank papers. And Chellappa was asked to sign and some one for the second time to duplicate and signed the signature of Vijaya Bai in the Declaration brought by the Banker, hence the forged signatures impersonating Mrs. Vijaya Bai differs from one another [so the signatures impersonating Vijaya Bai in the Power of attorney totally differs from the signatures impersonating Vijaya Bai in the Declaration] two different persons duplicating had been engaged by the Bankers to impersonate Vijaya Bai at two different occasions, in fact the original signature and Thumb Impression of Vijaya Bai is very much available in the Registered settlement deed dated 20th Day of January, 1960, Supplementary Settlement Deed dated 4th Day of February, 1976 and Deed of Cancellation of the settlement dated 17th Day of July, 1979 registered at the Sub-Registrar’ office at Periamet and also in the original records maintained by the Sub-Registrar, Periamet.

11. Mr. P.C. Chugh paid Rs. 1,00,000/- [Rupees. One Lakh] to Chellappa and promised to pay three lakhs on 14th November, 2005.

12. Technically the Bankers split the registration into two parts, Subsequently On 14th November, 2005 Chellappa was taken once again to Sub-Registrars Office at Peramet to sign a document after which Chugh paid Rs. 2,80,000/ and Chugh also issued a Cheque for Rs. 20,00,000/- [ Rupees Twenty Lakhs] without date. Chellappa is totally victimized and being cheated.

13. After getting the Victimized Documents as collateral security in substitution of Chugh’s properties for the loans availed long time back, the Banker released the properties of Chugh.

In the letter dated 19th September, 2008 written by Chugh to the Bank we find as follows:

01. We sold our property at Mutukaddu Lake , E C R, in the year 2005 at the INSISTANCE of the bank to reduce our liabilities so that we could be provided with the working capital needed to revamp our business. With complete trust we disposed the same for Rs. 24,00,000/- [Rs. Twenty four lakhs] under distress. Today the value of the property stands in excess of one crore. After this neither we received any working capital nor could we retain the property which we would have disposed now at todays market value, we could have wiped off our entire liability with the Bank.

02. Soon after the receipt of Rs. 24,00,000/- [Rs. Twenty four Lakhs], the bank DECLARED our account as non performing asset in the Month of December, 2005.

03. Still with the hope that the bank would stand by us and commit as promised, we sold our residential property in Mogappair once again under distress for Rs. 10,00,000/- [Rs. Ten Lakhs] in the month of January, 2006. On repeated letters and plea, yet we did not receive the working capital as promised to restructure and move forward with our business. Today value of this property stands in excess of Rs. 30lackhs.

04. Total loss occurred from selling these two properties untimely on the INSISTANCE of the bank was nearly 1 crore app.. This amount would have been useful for us to settle the entire outstanding with the Bank, had we not sold those properties then.

05. In both cases, we had SUBSTITUTED with a third party collateral with the bank to the tune of 46lakhs to SAFE GUARD the bank interest before being SUGGESTED by the Bank to sell these two properties.
06. Further we recovered claim 19.25lakhs from ECGC in the month of February after long pursurance and follow up and reduced the FUDBP liability to this extent.
07. Finally we have sacrificed our only residential property and sold for 32lakhs [Thirty two lakhs] to one of our friends to reuce the liability further with the Bank.

14. Soon after the deposition of title deeds of Vijaya Bai, the Bankers released the documents of Chugh and had suggested and insisted Chugh to sell the property to reduce the liability. Such are the Bankers bringing in innocent people’ property, instead bankers would have provided their property in substitution for having given loans beyond their capacity. We INDIAN ACTION PARTY strongly condemn and protest.

15. Mr. P.C. Chugh promised that he will be releasing the documents within six months. Using the financial crisis the Bankers and P.C. Chugh had victimized A.C.S. Chellappa and thus Chellappa is injured jointly.

16. Later Chellappa was tortured to pay 71 Lakhs to the Bank in order to release the documents and Chugh insisted Chellappa to sell the property, giving a false promise that he will repay the said Rs. 71 Lakhs in 10 years period of time while Chellappa was counting his last days later passed away on the 9th Day of January, 2010 because of the crises and mental torture.

17. According to the Correspondence Made by Chugh to the banker, his letters reveal the truth behind the whole play made by the Banker, no where the banker refused to the accusation made by Chugh. Mr. Chugh was approached by the members of Indian Action Party. On the request of Mr. Chellappa, Party had collected some documents from Chugh forcefully and found the entire operation made by the Bankers and Chugh.

18. Secured Loan:

M/s. Macenzie Exports Pvt. Ltd.,

1. Packing credit loan Rs. 75,00,000/-
2. FUDBP loan Rs. 50,00,000/-
3. Housing loan [P.C.Chugh] 11,55,000/-
4. Housing loan [P.C.Chugh] 7,00,000/

19. Unsecured Loan:

5. Pronote loan to Chugh 2,00,000/-
6. Pronote loan to Mrs. Chugh 2,00,000/-


20. The banker had planned to get a third party collateral and sold the property of Chugh to reduce his liability and now holding the victimized property of Chellappa. All these loans were given long time before depositing the title deeds of the said property. The banker was well aware that they had given excess unsecured loans beyond the their limit to Chugh and they knew that Chugh will not be paying back, lead to the headache for the banker, to find a remedy as such a criminal plan had been plotted by the bankers and purposely brought in an innocent victim Mr. A.C.S. Chellappa. No further loans were given against collateral security of the property and the cover note and declaration made on the property is 1,40,00,000/- [One crore and forty lakhs] where the property was valued by the banker’s valuer was Rs. 43,00,000/- forty three lakhs only.

21. The Valuation report submitted by the Banker’s Valuer shows the Value of the Property was Rs. 43,00,000/- [Rs. Forty Three Lakhs only] if at all bank intends to provide fresh loan on third party collateral, Bank should follow the norms given by Reserve Bank and that which cannot not exceed 34% of the Market Value. Taking this Document as security for Rs. 1,40,00,000/- [One Crore forty Lakhs] for the existing loan beyond the value of the said collateral shows the Criminal activity of the Banker and force to treat the Banker as the first Accused in this case.

22. The Banker and Chugh recently insisted Chellappa to pay Rs. 71,00,000/- [seventy One Lakhs] to secure his property that let to Heart attack of Chellappa and he was hospitalized and bedridden. Poor Chellappa himself an aged person was taking care of his own sister who is around 66 years old, but mentally handicap.

23. If we challenge the signature of Vijaya Bai one between the other on which the foolish bankers are relying upon it will be proved that all are fabricated and thereby those documents are null and void.

24. Mr. Chugh had corrupted the banker and had obtained loans beyond the security given by him. The banker in order to safe guard had cruelly planned and victimized an innocent person Chellappa.

25. We wonder why this Criminals, so called Bankers, behaved like a third grade Bloody Politicians and Samiyar [] and son of .

Bankers were waiting since 2005 for

01. Vijaya Bai.
02. A.C.S. Chellappa

to die after which Bankers now started and trying to snatch the property of the innocent people. RIDICULOUS.

Let the bankers answer.

01. Is it true or not?.
02. What for they have been waiting then?
03. Why did they not taken any action against Chugh?
04. Why did they not attack Chugh’s property at Calcutta ?
05. Is Vijaya Bank, ‘A FRIEND YOU CAN BANK UPON’?
06. Are they not fraud?
07. Why a criminal case should not be filed against them?
08. Why not we entrust this matter to MAOIST, POTA, ULFA,
Naxsalites or Viduthalai siruthai to deal with them?
09. Do they want us to go in a Democratic way?
10. Let them reply!!!!!!!!!!!!!!!!!!!!

26. Suggestion:

The Banker and Mr. Chugh are 100% Criminals.

A complaint could be filed U/s. 200 r/w 243 and 315 Cr.P.C..

Charges punishable U/s. 420, 406 and 506 [ii] IPC.

The Bank should release the documents of Chellappa unconditionally.

27. FINAL INFORMATION:
Mr. A.C.S. Chellappa, the poor Victim died on the 9th Day of January, 2010 say he was killed by the Bankers indirectly.
POLICY OF INDIAN ACTION PARTY:
01. BETTER THE CITIZEN BETTER THE NATION.
02. DO OR DIE
03. LIVE AND LET LIVE
04. HONESTY IS NOT ALWAYS THE BEST POLICY.
05. IF WORSE BECOME WORST, ‘OSAMA BIN LADON’
THE BEST’

Copy to:
1. Finance Ministry.
2. Press
3. Governor of Reserve Bank of India .
4. Governor of Tamil Nadu
5. Commissioner of Police, Chennai.
IN THE INTEREST OF THE GENERAL PUBLIC WE HAVE DECIDED TO PROSECUTE THE VIJAYA BANK.
TAKE NOTICE THAT VIJAYA BANK SHOULD REPLY WITHIN 14 DAYS OTHERWISE THE SCAM WILL FLASHED IN ALL NEWS PAPERS AND MEDIA. THIS GOING TO BE THE TALK OF CHENNAI.
CHOICE IS YOURS.

IF YOU DO GOOD TO ANY ONE WE ARE THE BEST FRIEND OF YOU.
IF YOU DO BAD TO ANY ONE WE THE WORST ENEMY FOR YOU.

BANK IS AN IMAGINERY BODY.
YOU INDIVIDUALS ARE RISKING FOR MATERIALISTIC MEANS.

INDIAN ACTION PARTY.

[protected][protected]
Executive Member.






















































IN THE HON’BLE COURT

M. P. No. of 2010.

















COMPLAINT. U/s. 200 r/w 243 and 315 Cr. P.C.




Charges Punishable U/s. 420, 406 and 506 [ii] IPC.
























COMPLAINANT

Hi,

Today i have gone for openning an account with Vijaya Bank. I thought it would be simple and does not take more than an hour of time.

But the staff at Vijaya Bank, Mothinagar, Hyderabad baranch were not at all cooperative and i was not treated fairly(as mentioned in their site).

I have gone to the bank at 10 AM to open an savings acount. First i was told there were no forms available for account openning, later after several trials and discussions with the staff at last i managed to get a Account openning form at 12:30.

Then i have filled up the form and gone to submit it with the required documentation, they told "it lunch time, come after lunch hours".

After lunch hours when i have gone to submit filled up application form the staff were saying "why you have came to submit the form in the afternoon?".

Now i want to ask Vijaya bank management one question, when you are not even providing a better service to the people who are starting a relationship or business with you then what you will do with the people who are already holding relations or accounts with you?

Try to provide better service to people if you expect business from people. If the same thing will continue then soon the time will come when you have to come out of your bank in search of business and do marketing, requesting people to open accounts in your bank.


Regards,
Vikram

I have saving account in vijaya bank vadapalani branch it was opened in 1999. I have mainting good with out any cheque bouces. know i am planing to study in uk. i enquire about educational loan for my higher study they are refused to provide me with out any reasion. olease help me get education loan

Sir,
I have availed a PMRY loan for 78K on 2004, purchased a computer and started Data Entry Job,lost lot of money, meanwhile paid back 50K, wanted a one time settlemet, requested to settle for 30K,. At present lot of financial constraints, two sons doing +1 & +2, rented house for 2.5K, mother and I am cardiac patients, lots of medical expenses, employed my wife and I jointly earns 16K. Bank manager got angry with us and proceeded for Revenue recovery. They are asking us to pay 2500 every month, according to Bank we owe them now 100K+Interest. PMRY loan was availed as we had no job and no source of Income otherwise. There is nothing of any big value from us to recover, except our self esteem. Is there any legal remedy for this, we can somehow pay about 30k, there are people to help us but 100K is beyond our means, can you help us?
Ramachandran.K - Kerala

TO WHOM SO EVER IT MAY CONCERN.

Dear Sir/Madam,

I am a resident of Vijaya Bank Colony, Banaswadi, Ward No 88. This is to bring to your notice that the garbage is thrown on the road and the dogs drag them and spill it around. Kindly put a ring or a bin to avoid this.

There is a vacant site next to the house I reside. there are lot of plants grown in that site which has to be cleaned. Due to this there are lot of mosquitos and flies that visit the house, few people throw there garabge waste as well.

Apart from this there are many stray dogs in this area. these dogs are a problem in the night. Please look into thses problem at the earliest.

Kindly make a note of the address where these problems are:

# 65, 3rd A cross, Chandana, Vijaya Bank Colony, Banaswadi, bangalore 560043. Mob-[protected].


Regards,
Charles.

vijaya bank had declared devidend of 1 rupee per share but i have not received the dividend by now . ihave 500 shares of vijaya bank. please help me in this respect and send my dividend as early as possible.
Thaking you,
rakesh mohan
manpur gurepara ,
distt-sitapur
pin 261135

I have been operating saving bank account No: [protected] with Vijaya Bank Bhayander (East) wherein they have levied Rs 50/- for cheque book of 10 leaves which is exorbitant. The account is used mainly for payments of electricity, telephones, society maintanence, payments to credit society dues, as such daily routine payment. It is made through bank to keep proper record.

Please look forward to avoid such charges in future.

Thanking you,

Juzer Palitanawala

My brother had withdrawn Rs.300 on 8th Sep 2009 at a Corporation Bank ATM in Mangalore.
But when i got the pass book updated a couple of days back, i saw that the transaction has been made twice.That is , 300 rupees has been withdrawn twice.This came a shock to me.
Had i not updated my passbook, i would be unaware of the whole issue.
I am not sure as to how long this faulty system is in existence.
Please rectify the same and let me know where and how can i get my hard earned money back.
Is there a grievance cell by any chance?


Thanks,
Manasa

I purchased some clothes in CP from Cantabill on 08th july 2009. Ten I have gave my card for payment, he swipped two times but tslip does not came out, but next day when I checked my accout 1600 rs. have been deducted from my account, on the same day I immediately complained this issue to my branch and till date no action has been taken yet........

I have 908 shares of Vijaya Bank. my dpid is 12044700 and client id is 03694391.
I have not received dividend which is announced by bank that is Rs. 1/- share.

Winita Kumari

Please refund Rs 35000/- for LIG flat.Form no. - 41715. in BHS - 11 scheme.

Dear sir,

this is regarding the behaviour that a customer gets in your bank. this happened in Indirapuram branch, Ghaziabad.
I purchased a form on 1st of August 09 for purchasing a flat in the area. The date for start selling the form was due on 1st of august. So I went on the same day.
The bank staff had given me a wrong form. I find it on the same day and returned to them on next working day to replace the form.
The manager told me that the staff who has sold me the form is absent and the desired form has not been arrived to bank yet. She assured me that the form will be replaced in some other working day.

I went after 2-3 days and asked the staff to replace the form but he refused to do that and told me to go to manager but the manager was absent on that day.

I went to your bank because of the positive impression that I had about your bank but after this experience my trust has been broken.

Please look into the matter.

Thanks

I have SB account vijaya bank A/c no is [protected] in Race cource road branch Bangalore.On 09 april 2009 i witheraw amount of Rs 1000/- in ATM the ammount was debited to my account but money won't come out side from ATM, on 11 april 2009 i gave complent to same branch they are not taking serious action. I am meet them many time they won't taking any serious action.
kindaly i request you sir gave me gestice. Refund my money

HI,

Today i used Vijaya Bank ATM in Bajpe, Mangalore for cash withdrawal using my Axis Bank Debit Card, the transaction did not happen and it gave some error unauthorised use.
But the amount was deducted from my balance.

Please someone help me to go about it.

Thanks

Vasu [protected]

Hi,

I use debit card from Standared Chartered Bank and my card no is : ************5772. On 13th May, 2009 while I was trying to withdraw money from one Vijaya Bank ATM, the amount got deducted from my account instantly, but the money didn't come out of the machine.

ATM ID is : SVD722101
Location : Dun DUm Cantonment, Kolkata
Date : 13th May.
Time : 11:12 am IST
TXN No : 5530

Can anyone suggest me now what step should I take on this.

Dear Sir

Due to network problem in almost all CBS branches in and around UDUPI my family is not able to take DD or remit money through CBS platform. If we ask the officials of bank, they are all giving answers like
"NO network and You complaint Head office."

We also Noticed that

Bank is migrating to CBS but Proper training to handle the bank operations is lacking. I am sure its not the problem of staff, its because of NO training or guide by the technical/knowledgeble persons. Request the bank to give proper training to serve the customer In CBS platform. In migrated branches frequent errors/mistakes are happening like duble entry, deletion, interest mismatch etc. THIS IS BECAUSE OF FAILURE IN TRAINING OF CBS FLATFORM.

I am a purchaser of the property (under the Sarfaesi Act) situated in Ambarnath with details mentioned below which is with Vijaya Bank. I was told that if submit the sanctioned letter from HDFC (from where i am availing Loan) and 15% of the total amount of the property i will be handed the xerox of the relevant docs. As HDFC chkd the papers they found Blue Print of the property missing from the documents handed over by Vijaya. Becoz of the irresponsibility and carelessness on part of Vijaya we didn’t get the Blueprint of the property on time. We have to run here and there and have to collect the doc from the Ambarnath Municipality where the Property is registered .Its been great shame that the Law Officer of Vijaya Bank asked us to arrange the Blueprint instead of commanding their Officer to do so. We arranged the Blueprint papers and was also told later to deposit the full amount of the property in cash in my account which was opened under the instruction of the Branch manager, Ulhasnagar. I was told that i will be receiving the Sale certificate signed by the concerned from their Regional Office, Santacruz on 19th Jan which was actually postponed from Jan onwards. I am constantly calling Vijaya Bank Manager from Ulhasnagar and also at Santacruz but so far i have not been answered. Its with deep frustation that i have to say the quality and commitment with which this Bank serve his customers. I am deeply distressed with the manner in which Vijaya Bank has handled this matter since 9 months for a property worth Rs.4 lakhs.
Please find the details of the property which i intend to purchase from Vijaya Bank-
Vinayak Apartment
2nd Flr, 203
B wing
Ambarnath-E

THAT I AM A SIMPLE INVESTOR IN THE COMPANY NAME VIJAYA BANK IN THE NAME OF SATYA KAPOOR, FOLIO: NO. 0052474, NO. OF SHARES: 1000, DIVIDEND OF YEAR[protected] YEAR NOT RECEIVED YET TILL TODAY.