Snowcem Fixed Deposit - Awaiting Refund
Dear Sir,

Have heard and read a lot about your forum and this is my last
recourse to my problem.

I had invested two fixed deposits of INR 20,000 each in snowcem for
a period of three years. The maturity value of which is INR 28,933
each.
(ammounting to total of INR 57,866)

These two deposits matured in the month of 2005 .

I have already submitted the Original FDR while retaining a zerox
copy of the same to snowcem India ltd. They have confirmed receipt
of the same in a letter to me.

Ever since have been following up with the Fixed Deposit department
of snowcem, The people in the department are very rude and have been very
bluntly saying that the company is in dire financial crunch and they
themselves do not know by when they can repay our money.

Since i am also in need of money, would request your good
services to help me out.

Would appreciate your help in this regard....

Awaiting your prompt response

Regards

sanjay rana