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Thread: Company Fixed Deposits

  1. #1
    Alka Halbe Guest

    Default Company Fixed Deposits

    This is for information for all those who want to invest in company fixed deposits. There are many reputed companies like Unitech, United Spirits, Ankur Drugs and Pharma who do not repay the maturity proceeds of the fixed deposits invested with them. They even do not bother to reply to the emails and the telephone calls made to them. The investor is treated as if he/she is obliged for getting an answer. They send the cheque for the interest amount before the date of maturity and keep the investor hanging for the principal amount which they send as much as one to two months after the date of maturity and use this amount as if their right without paying any overdue interest. I have recently faced this problem and also my mother who have invested in these so called reputed companies. It is unfortunate that the company law board and the registrar of companies do not take care of this public related problem.

  2. #2
    KAlpesh vasa Guest

    Default Company FD's

    This is for information for all those who want to invest in company fixed deposits. There are many reputed companies like Unitech, United Spirits, Ankur Drugs and Pharma who do not repay the maturity proceeds of the fixed deposits invested with them. They even do not bother to reply to the emails and the telephone calls made to them. The investor is treated as if he/she is obliged for getting an answer. They send the cheque for the interest amount before the date of maturity and keep the investor hanging for the principal amount which they send as much as one to two months after the date of maturity and use this amount as if their right without paying any overdue interest. I have recently faced this problem and also my mother who have invested in these so called reputed companies. It is unfortunate that the company law board and the registrar of companies do not take care of this public related problem.

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