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Q.Maturity payment decline by Sahara credit cooperative society

Q. Maturity payment decline by Sahara credit cooperative society

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Mahendra Rajput

posted 2 months ago

I would like to inform you that I opened the RD(recurring deposit) account with Sahara credit cooperative society in October'2013. I paid all RD premiums on time of 1000 per month. Maturity period was 60 months. So my RD matured in October'18. After maturity I discussed with Sahara branch for paid my complete maturity amount. That amount is 76400 rs. But RM of that branch is denying for payment. And he told that SEBI has banned on all payments of Sahara. So I can not give you any amount of maturity. Then I contacted with SEBI for this. But SEBI suggested me to contact with ROC(registrar of company). After I sent mail to ROC kanpur. But I did not receive any reply from ROC kanpur. I request to you please look in this matter. Please do needful .
Branch name- Sahara credit cooperative society Pukhrayan Kanpur dehat
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A. Dear Sir,
You may get issue a legal notice your problem will be solved if not approach Consumer Forum.

For full procedure contact me on mobile through Vidhikarya.

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 2 months ago

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Mahendra Rajput

Experience: 1 Year(s)

Replied 2 months ago

Thank you sir. I will contact with you.

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A. Dear Mr Rajput,
It will be appreciated if you contact SEBI if verify the veracity of truth.
Registrar of Company 's job is different,
In any case nothing can be said when our money will be given back to you.
It will definitely take substantial amount of time.
Shanti Ranjan Behera
Advocate.

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Shanti Ranjan Behera

Experience: 22 Year(s)

Responded 2 months ago

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Mahendra Rajput

Experience: 1 Year(s)

Replied 2 months ago

Sir, Can I go to court or any other alternative option available for payment?
Please advice. I have 3 RD with Sahara and payment is approx 240000. And Sahara is denying for payment of any RD. I also logged FIR in police station. But RM represented supreme Court order to police. And police did not take Any action.Is there any legal way for take payment from Sahara?

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Shanti Ranjan Behera

Experience: 22 Year(s)

Replied 2 months ago

Fix up a consultation through vidhikarya.com
Shanti Ranjan Behera,
Advocate

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