[Resolved]  Escort Finance Ltd — Non refund of fixed deposit amount of escort finance ltd. after completion of maturity period

I am an employee of this company.

I serve services since last 6 years, , , , now company has refuse to send me salary...

now any one tell me what is producer to recover my salary and other amount.

Regards,
an employee of
Escorts Finance LTd

Non Refund of Fixed Deposit Amount of Escort Finance Ltd. after completion of Maturity period
myself R S Pareek (74yr) retired from services
I have deposited Rs. 1, 46, 566/- (Rupees one lac forty six thousand five hundred sixty six only) in FDR in Escort Finance Ltd, Jaipur details of FDR are as under:

THE DETAILS OF FIXED DEPOSIT RECEIPT'S A/C R S PAREEK

S NO A/C NO RECEIPT NO DATE AMOUNT MATURITY PERIOD RATE OF MATURITY
DEPOSIT DEPOSIT MONTH % DATE
1 XN07/0001527 XN07/CD04002730 16.12.2004 29313.00 34836.00 24 9 17.12.2006
2 XN07/0001528 XN07/CD04002724 16.12.2004 32977.00 39190.00 24 9 17.12.2006
3 XN07/0018449 XN07/CD04002729 13.12.2004 28092.00 33384.00 24 9 02.12.2006
4 XN07/0018450 XN07/CD04002728 13.12.2004 28092.00 33384.00 24 9 02.12.2006
5 XN07/0021434 XN07/CD04002727 13.12.2004 28092.00 33384.00 24 9 02.12.2006
TOTAL 146566.00 174178.00
I have deposited original FDR in Escort Finance Ltd, Faridabad to Mr H D Sharma in Dec'08 and got the receipt. After the completion of two and half year maturity period in Dec'06 till date I have not received a single paisa from the above department.

After that I did constantly following up to get my refund back but they did not given my any sastifactory response. I am regularly talking to Faridabad Office over phone from Jaipur. I had spent lot of money in phone calls but I have not received any satisfactory response. I also written a letter to Hardship Comittee, Delhi also.

In the above context I would like to pay your attention that I have Medical problem. I have been taking a medical treatment over six year. I am facing lot of problem for walking and unable to go here and there. I have already submitted my medical prescription with a request letter.

Therefore I would request you kindly look into the matter and refund my hard money with due interest at the earliest. My contact nos. (mobile no.[protected] and land line no.[protected] and 2786101.

Non Refund of Fixed Deposit Amount of Escort Finance Ltd. after completion of Maturity period
myself R S Pareek (74yr) retired from services
I have deposited Rs. 1, 46, 566/- (Rupees one lac forty six thousand five hundred sixty six only) in FDR in Escort Finance Ltd, Jaipur details of FDR are as under:

THE DETAILS OF FIXED DEPOSIT RECEIPT'S A/C R S PAREEK

S NO A/C NO RECEIPT NO DATE AMOUNT MATURITY PERIOD RATE OF MATURITY
DEPOSIT DEPOSIT MONTH % DATE
1 XN07/0001527 XN07/CD[protected].12.[protected].00 34836.00 24 9 17.12.2006
2 XN07/0001528 XN07/CD[protected].12.[protected].00 39190.00 24 9 17.12.2006
3 XN07/0018449 XN07/CD[protected].12.[protected].00 33384.00 24 9 02.12.2006
4 XN07/0018450 XN07/CD[protected].12.[protected].00 33384.00 24 9 02.12.2006
5 XN07/0021434 XN07/CD[protected].12.[protected].00 33384.00 24 9 02.12.2006
TOTAL 146566.00 174178.00
I have deposited original FDR in Escort Finance Ltd, Faridabad to Mr H D Sharma in Dec'08 and got the receipt. After the completion of two and half year maturity period in Dec'06 till date I have not received a single paisa from the above department.

After that I did constantly following up to get my refund back but they did not given my any sastifactory response. I am regularly talking to Faridabad Office over phone from Jaipur. I had spent lot of money in phone calls but I have not received any satisfactory response. I also written a letter to Hardship Comittee, Delhi also.

In the above context I would like to pay your attention that I have Medical problem. I have been taking a medical treatment over six year. I am facing lot of problem for walking and unable to go here and there. I have already submitted my medical prescription with a request letter.

Therefore I would request you kindly look into the matter and refund my hard money with due interest at the earliest. My contact nos. (mobile no.[protected] and land line no.[protected] and 2786101.

Dear Sir,
The same tragedy had happen to me also as I was persuaded by one most distrustful agent who has ruined my some hopes and I am wandering like any thing for my hard earned money. This very most disgusting part from the end of a company like Escorts. I was tempted for the bonds of Rs. 10000, and Rs 20000 which were suppose to be matured by 2005 and 2006 respectively. Till then the company even didn’t bother to inform the hapless investors who has trusted on them.
Even I am astonishing that even no government agency like SEBI and others has not taken any action against them. The company is simply taking time at the court of justice and when the law will takes it’s own course everybody’s requirement will be finished.

I am grateful that ultimately I got a platform where I can express my agony.

Thanks,

Biswajit Roy,
Qtr. No: NH II, C-86;
P.O: Vindhyanagar,
Singrauli-M.P. 486885.
[protected]

prativa kumari nonpayment of fdr no xn15/cd o4011025 for rs 45000 by escort finance limited new delhi the captionned fdr has already matured for payment on 10/9/2005

My FDR no( A ) .XN15/CD05004345 Maturity amount Rs.20128/- and Mat. date.[protected].
( B ) XN15/CD05004346 Maturity amount Rs.21765/- and Mat. date.[protected]
Original FDs. deposited on..[protected].I applied to Hon'able Hardship Committee for help and I was sanctioned refund and cheques for Rs.15000/- and RS.10000/- respectively were issued in my favour, BUT I HAVE NOT RECEIVED THOSE CHEQUES TILL NOW.I don't no what has happened to those cheques.EFLtd.has not clarified what is the present status of my account. I am 75 yrs.old, lost one eye, getting feeble day by day, it is very painfull to run about to get the refund. GOD IS THE ONLY HOPE
Surendrs Singh 2223, Shora kothi, Subzi mandi, DELHI--110007..

lllll

Dear Mr Kaushik

I agree with you that all those aggreived who have lost money by doing FD with Escort finance should together form a group and file a complain against them. I m from gurgaon and my brother in law's Rs 1 Lac is struck since 2005-6. I have even discussed the matter with an advocate known to me. I think all o[censored]s who live in delhi should either meet or communicate over phone to take this forward. My mobile number is [protected]. Pls do contact me for any further action to be taken.

All others, pls join us in recovering our money back from Escort. Pls mail/call back to me/Mr Kaushik with your details so that we can take this forward together. I m posting this as reply to all complaints logged on to consumercomplaints.in

Regards

Ramesh Gupta
Gurgaon
[protected]

Consumercompliants india
19 days ago by Kaushik Bose [send email]
Dear All,
I am too facing the similar situation like you all and now have decided to go legal against Escort finance ltd, by registering a complain at the consumer court .For the same i would request you all to forward me your names, detail and amount at the following ID :[protected]@gmail.com .W.R.T i will formulate a joint meeting soon (fist week of september 09 ) for a brief analysis and finally will go legal.
do let me know ...in case any other survival strategy works against Escort at this point of time ..:)
-Kaushik

what is the status of court case?

ESCORT FINANCE LTD FIXED DEPOSITS — NON PAYMENT AFTER MATURITY

FDR NO.XE05/0000862 FOR RS.12000/ DUE DATE 21/10/2005 AND FDR NO.XE02/0006296 FOR RS.6000/ DUE DATE 27/09/2005 EWRE SUBMITTED FOR PAYMENT ON05/11/2005AT THE PATNA OFFICE OF THE COMPANY BUT TILL DATE PAYMENTS COULDNOT HAVE BEEN RECEIVED ,NEITHER STATUS OF SUCH IS BEING COMMUNICATED.

I PREVIOUSLY LODGED A COMPLAINT THROUGH YOU BUT IN VAIN.
PLEASE LOOK INTO IT .

Escorts Finance Limited — non receipt of fixed deposit amount of escorts finance limited after completion of maturity period

We had taken 3 fixed deposits of Escorts Finance Limited which matured in February,2006.
The details of the FD's is as follows:

Account No. Receipt No. Name Date of Maturity Maturity Amount

XE02/0013975 XE02/CD05005356 GAYATRI ARYANI /C N GUPTA 1/2/06 RS.24983
XE02/0013974 XE02/CD05005354 GAYATRI ARYANI /C N GUPTA 4/2/06 RS.12490
XE02/0066205 XE02/CD05005355 GAYATRI ARYANI /C N GUPTA 16/2/06 RS.18833.

THE ORIGINAL FD CERTIFICATES WERE DEPOSITED IN PATNA OFFICE OF ESCORTS FINANCE LTD. ON 29/3/06 BUT THE COMPANY HAS FAILED TO REFUND THE MATURITY AMOUNT DESPITE SEVERAL REMINDERS & PHONE CALLS TO MR.RAKESH AT THE DELHI OFFICE OF ESCORTS FINANCE LIMITED TILL DATE.

Hi,
I[censored] have any branches in hyderabad, please send me the address and contact no's.

Thank You...

i have also suffered from ESCORT FINANCE LTD...

Dear Sir,
I had taken FD from Escort finance ltd.
of amount Rs. 55, 000
Whose FD Reciept No. is XE02/FD04021608 dated 18/10/2004
maturity date 14/10/2007
sir i had requested hardship committee for refund
I had got duplicate letter dated 23/10/2008 from Hon'ble hardship committee
they asked me to send the original paper of FD but i had already sended it and the recieving date 20/11/2008 the recieved papers are
1) F.D.R.
2) PAN CARD
3) BANK SING. ATES
4) ADD. PROOF
Sir but till now i had not got my amount.
HON`ABLE HARDSHIP COMMITTEE in my favour and cheques were issued .but these did not reach me
till now .I DON`T KNOW WHAT HAPPENED TO THOSE CHEQUES.
I REQUEST THE CONCERNED AUTORITY TO LOOK INTO THE MATTER AND ARRENGE THE REFUND.
i am suffering from several problem due to money. So I request you pay my money
sir kindly see about by thish

Thanking you
AJOY KUMAR
PH.- [protected]

Dear Sir,

Please note that the following two fixed deposit certificates were deposited with the authorized personnel at Escort’s office at n-6, pratap building, connaught circus, new delhi -110001 for redemption:

(a) FDR No. XN08/CD03000971; Account No. 0024028; Date of Maturity: 14-JUN 2006
(b) FDR No. XN15/CD03009654; Account No. 0130711; Date of Maturity:25-JUN 2006

The total amount on the aforementioned two FDRs comes to Rs.32660/- approx. Both the certificates were in the name of SMT.VIBHA PURWAR &.ANOOP KUMAR GUPTA ( E/S)

I regret to inform you that even after lapse of THREE years’ time, I have neither received my due amount nor has any information been provided to me by Escorts Finance Ltd. about the same, inspite of repeated follow-ups.

We (my self and my wife) have following FDs with the Escort Finance co. Ltrd whose maturity period has expired ling bakc but unfirtunately not a single paisa has been given back either in the form of principle or interest. It is a same that all concern are fully aware about this irregualrity but inspite of reminders nothing is being done . This is open financial cheating by such a reputed co. .
FDR No Name of Depositor Period IC date Mat date Inv Amt Mat amt

XE[protected] CD Maya Srivastava 12/1 05/1/05 05/1/05 05/1/[protected]

XE[protected] CD Maya Srivastava 12/1 05/1/05 05/1/05 05/1/[protected]

XE[protected] CD Maya Srivastava 24/1 16/4/04 6/4/06 7/4/[protected]

XE[protected] CD Maya Srivastava 18/1 9/12/04 9/12/04 9/6/[protected]

XE[protected] CD Maya Srivastava 24/1 20/10/03 20/10/03 21/10/[protected]

DEAR SIR

I HAVE TAKEN TWO FD AMOUNTED TO RS20000 EACH WHICH WAS MATURED ON 1999 AND THE ORIGINAL CERTIFICATES HAD BEEN SUBMITTED TO YOUR OFFICE AND THE A/C NO.-XE-02/0045849 &XE-02/0045850[INCLUDING RECEIPT NO.XE-02/CD02021479 & XE-02/CD02021481].I WANT TO REQUEST YOU SIR PLEASE LOOK INTO THE MATTER AS QUICK AS POSSIBLE & TRY AS MUCH AS POSSIBLE TO REFUND THE FUND.

THANKING YOU


REGARDS
BIJAN KR. DUTTA

escourt company is not paying my maturty amount 19209/= which is mutured[protected]. my FD no is XE02/CD05005207, A/C no XE02/0070853. it is renewal of XE02/04010529.my original certificate is surrender by my agent VIJAY RANJAN PRASAD OF BAKHARA, MOTIPUR, MUZAFFARPUR.It is by joint name certificate named BIJAY KUMAR SRIVASTAVA @ SHEKHAR KUMAR SRIVASTAVA.Head office of above company staff did not responce of my calls. I requested to ministry of finance to look this matter

Escort Finance Ltd. — Non refund of maturity amount

I Have deposited Rs. 15000/- with M/s Escort Finance Ltd, New Delhi on May'2000 against Fixed deposit scheme and maturity date of the same was May'05. I have submitted the original certificate on time and requested to refund the maturity amount, but till date niether received the amount nor received any intimation. I have sent nos of reminder on delhi office address, also tried on given phone nos but not received any response. kindly advice/help to get my money back at earliest.
v.k.gupta

Escorts Finance Ltd. — no money refund

We had made several fixed deposit of Escorts finance ltd. As told to deposit original certificate we had deposited the certificate to the firm. But no such clarifications came from their end. Kindly check the same.