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Non-payment of Fixed Deposit

This is a discussion on Non-payment of Fixed Deposit within the Fixed Deposit forums, part of the Banking category; I had deposited Rs70000/- only in Duncan Industries Limited on 23.08.2001 (FD No 201097) which was due to mature on ...

  1. #1
    SUDEEP SENGUPTA Guest

    Default Non-payment of Fixed Deposit

    I had deposited Rs70000/- only in Duncan Industries Limited on 23.08.2001 (FD No 201097) which was due to mature on 22.08.2002. But after its maturity the Co. didn't bother to refund the amount; rather it referred the matter to the Company Law Board (CLB). The CLB in its Order dated C.P. No 141(58A)/ERB/2002 of 18.06.2002 allowed the Co for rescheduling of repayment of public deposits as under:

    Rs10500/- within June, 2003; s10500/- in 2003-2004; Rs21000/- in 2004-2005 and Rs28000/- in 2005-2006. Till date I've received only Rs35000/- on 15.12.2005.
    I am an old man of 83yrs of age and thriving on with utmost difficulty on my meager retirement benefit. Can you please do something worthwhile for this old man in his last days?

  2. #2
    Unregistered Guest

    Default Non-payment of Fixed Deposit from Duncan Industries Limited

    To
    The Director,
    FD of Duncan Industries Limited
    31,Netaji Subhas Road,
    Kolkata-700001.

    Sub:-Refund of Maturity amount with interest for FD Rs.15000/-matured on December'2002

    Dear Sir/Madam,

    I had deposited four(4)Fixed Deposit of Rs.15,000/- each with M/s Duncan Industries Ltd.,at Registered Office: Duncan House, 31, Netaji Subhas Road Kolkata-700001.My four of the FD has attained it maturity on 05/12/2002 & 13/12/2002. But I have not got any interest nor had I got back the principal
    amount so far.As of now I haven't also got any information regarding the same from yours.
    I am a Retired Bank Employee and I am in urgent financial crunch. I shall deem it a great favour if you kindly arrange to make the said refund immediately

    Below are the details of my FD :

    1) FDR No: FD 407496
    Date of Maturity: 05/12/2002
    Name of Holder: SWATI MITRA
    Amount Of Deposit : Rs. : 15000/-
    Rate Of Interest : 12.00 %
    Deposited on : 06/12/2001

    2) FDR No: FD 407481
    Date of Maturity: 13/12/2002
    Name of Holder: SWATI MITRA
    Amount Of Deposit : Rs.: 15000/-
    Rate Of Interest : 12.00 %
    Deposited on : 14/12/2001

    3) FDR No: FD 407495
    Date of Maturity: 05/12/2002
    Name of Holder: SWATI MITRA
    Amount Of Deposit : Rs.: 15000/-
    Rate Of Interest : 12.00 %
    Deposited on : 06/12/2001

    4) FDR No: FD 40748
    Date of Maturity: 13/12/2002
    Name of Holder: SWATI MITRA
    Amount Of Deposit : Rs.: 15000/-
    Rate Of Interest : 12.00 %
    Deposited on : 14/12/2001

    Regards & Thanks,
    Pronob Kumar Mitra

    Communication Address:

    Mail : m.suyesha@gmail.com
    Tel: 033 - 24150285/9433492685

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