Lloyds Finance Limited
Non receipt of funds on maturity
- 12-24-2011
- 197
Dear Sir
My mother Ms. PADMA ARVIND KULKARNI jointly with me under the name Shri KANCHAN ARVIND KULKARNI had invested an amount of Rs.15000/- (Rs. Fifteen thousand only) in Fixed deposit (Money Regular) with LLOYDS FINANCE Ltd. The details of the same are as under :
1.Names of Deposit holders :.Ms. PADMA ARVIND KULKARNI
Shri KANCHAN ARVIND KULKARNI
2.Amount of F D: Rs.15000/- (Rs. Fifteen thousand only)
3.FD No. : F/0297018859/1
4. Due date of payment : 16/05
5. Date of deposit : 23/05/1997
We have handed over the FD receipt duly discharged to the Company on 07/06/ 2001. However the Company has failed to make good the payment of proceeds of said FD to us till date.
As per the latest hearing of the Company with Company law Board on 14/11, the repayment of FD matured or to be matured was again rescheduled. As per the order dated 16/04/1999 we were eligible to get the payment by equal instalment of 20% of the amount yearly to be paid entirely within 5 years.
Despite this order, the Company has not paid any amount to us so far.
The fact of the case is that this amount was invested out of retirment benefits received in the name of my deceased father. Hence this amount has been a small source of income for my mother, who is now more than 75 years old lady and is presently under tremendous financial crisis.
Non receipt of this amount by the Company has not only severely impacted the means of livelihood for my ailing mother, but also adversely affected her health at such a old age.
Hence it is kindly requested to take up the matter with the Conpany, compelling them to immediately arrange for an amount of Rs.15000/ payable to her, along with applicable interest from the date of maturity of FD till date.
I would really appreciate if the case is taken up with the Company for immediate settlement on top priority.
Thanking you and waiting for the revert.
Regards.
Kanchan Arvind Kulkarni
Flat 111/ C wing, Om Avishkar,
Sneh paradise, Rambaug colony,
Paud Road, Near MIT college,
PUNE- 411038
Maharashtra State
(M) 9823330024
Company: Lloyds Finance Limited
Country: India
State: Maharashtra