Inconsumercomplaints.com » Real Estate » Review / complaint: Power home loan - Non Refund of Auction Balance Amount | News #30041

Power home loan
Non Refund of Auction Balance Amount

BY FAX//

From

Muvva Venkateswara Rao

Plot No.82, 2nd Line,

Venu Gopala Nagar

(N.G.G.Os’ Colony)

GUNTUR – 522 006.

Email Id: [email protected]

To

The AVP & Branch Head, (SRAC Head)

Axis Bank Ltd,

Retail Assets Center,

59A 1-7, Ground Floor,

Matha Towers, Bishops House,

Near Mery Stella College,

Benz Circle,

VIJAYAWADA – 520008.

Dear Sir,

NAMASTHE, SIR

Sub Auction Details – Muvva Venkateswara Rao, Door No.4-330, Sasana

sthambham Street, Mangalagiri, Guntur District – Public Auction of the

Property bearing Door No.4-330, Ward No.4, Sasanasthambham Street,

Mangalagiri Town, Guntur District, A.P – Request for Auction Details &

Balance Amount – Regarding.

Ref 1. Video C.D., received on 26.10.2009 from M/S.CICIR & Ravi Associations,

Door No.32-13-53/2, Room No.8, First Floor, Prudhvi Buildings, Near

Siddhartha Bus Stop, Journalist Colony, Mogalrajapuram, Vijayawada-10

2. My Letter, dated 27.10.2009.

3. Letter, dated 23.10.2009 of the Authorised Officer, RAC, Axis

Bank, Vijayawada addressed to Sri. Venigalla Pullaiah, S/O.

Sri. Ramulu, D.No.8-42, Sharab Bazar, Mangalagiri, Guntur

District received from M/S.CICIR & Ravi Associations, Door

No.32-13-53/2, Room No.8, First Floor, Prudhvi Buildings, Near

Siddhartha Bus Stop, Journalist Colony, Mogalrajapuram,

Vijayawada.

4. My Letter, dated 02.11.2009.

5. Payment Counterfoils, dated 31.10.2009 and 04.11.2009 copies

received on 04.11.2009 from M/S.CICIR & Ravi Associations,

Door No.32-13-53/2, Room No.8, First Floor, Prudhvi Buildings,

Near Siddhartha Bus Stop, Journalist Colony, Mogalrajapuram,

Vijayawada-10.

6. Email, dated 02.11.2009 received from Email ID:

[email protected], Axis Bank Ltd, Retail Assets Department,

South Zonal Office, 4th Floor, Bld#82-Dr. Radhakrishnan Salai

Road, Chennai-600 004

7. My Letters, dated 04.11.2009 & 09.11.2009.

8. My Letters, dated 11.11. 12.11.2009 & 13.11.2009 & 14.11.2009.

&&&

2

In continuation of my Emails & Letters, I, Muvva Venkateswara Rao, Plot No.82, 2nd Line, Venu Gopala Nagar, (N.G.G.Os’ Colony), GUNTUR – 522 006 regretted to wish to bring to your kind notice that the concerned RAC, Vijayawada has not contacted me till today and they have not sent the Balance Auction Amount and required information or any reply to my Emails or letters till today.

Sir, I have contacted the Authorities of RAC, Vijayawada through Telephone on 14.11.2009 at 2 P.M., regarding this issue. Sri. Srinivas, Collection Agent of RAC., Vijayawada has lifted the Telephone and using unparliamentarily language like “THE RAC, VIJAYAWADA WILLNOT PAY YOUR AUCTION BALANCE AMOUNT SINGLE PAISE AND WILL NOT GIVE ANY REPLY OR INFORMATION TO YOUR LETTERS, WHATEVER YOU WANT YOU DO AS YOU LIKE AND ALSO THREATENED ME, IF YOU COME TO BANK THEN I WILL SEE YOUR END”. Due to this, I am afraid to come to RAC., Vijayawada. Kindly arrange to give me protection from Sri. Srinivas, Collection Agent of RAC., Vijayawada. Again, I have contacted the Authorities of RAC, Vijayawada through Telephone on 16.11.2009 at 11 A.M., regarding this issue. Sri. Srinivas, Collection Agent of RAC., Vijayawada has lifted the Telephone and again using unparliamentarily language.

Sir, On my Enquiry, it is noticed that Sri. Srinivas, Collection Agent of RAC., Vijayawada has taken an amount of Rs.50, 000/- (Rupees Fifty Thousand only) towards bribes from Sri. Venigalla Pullaiah, who is Bidder of my property. Due to this, he has colluded with Sri. Ravi, Consultant of M/S.CICIR & Ravi Associations, Vijayawada-10 and directed him to hand over my auctioned property on 24.10.2009 i.e. at the time of 25% of Bid Amount paid date. Necessary Video C.D. for evidence was already sent in the reference 1st cited. Moreover, my property auctioned subject entire file is dealt by Sri. Srinivas, Collection Agent of RAC., Vijayawada. No other person of RAC., Vijayawada is having minimum knowledge regarding my property auctioned subject except Sri. Srinivas, Collection Agent of RAC., Vijayawada. Due to this, he is behaving with me as his will and pleasure.

Hence, I request you to kindly arrange to let me know, what is the authorities of RAC., Vijayawada is having interest to handover my auctioned property to the Bidder on 24.10.2009 without taking the total auctioned amount from the Bidder and what is having interest to dodge the issue for sending me the Auction Balance Amount and the Details relating to Public Auction of My Property, which were already requested by me in my earlier correspondence and send the Auction Balance Amount and the Details relating to Public Auction of My Property, which were already requested by me in my earlier correspondence though the total auction amount was received on 04.11.2009 to me or let me know the present status of the affair immediately to my Email Id [email protected], for which act of kindness, I shall be evergreatful to you, sir.

Thanking You Sir,

GUNTUR Yours Sincerely 15.11.2009

(MUVVA VENKATESWARA RAO)

Copy to Sh. Timmana D Gouda, Vice President, Zonal Head, Axis Bank Ltd, Retail Assets Department, South Zonal

Office, 4th Floor, Bld#82, Dr. Radhakrishnan Salai Road, Mylapore, Chennai 600 004.

Copy to the Vice President, Axis Bank Limited, 131, Maker Tower - F, Cuffe Parade,

Colaba, Mumbai - 400 005 Tel: (022) 6707 4407Fax: (022) 2218 1429

Copy to Authorities Concerned, Axis Bank Limited, “TRISHUL”, Opposite Samartheshwar

Temple, Law Garden, Ellisbridge, Ahmedabad – 380006.


Company: Power home loan

Country: India

Category: Real Estate

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google