[Resolved]  Jaiprakash Associates Ltd Fixed Deposit — Non receipt of maturity amount

I had forwarded fdr no. C00115378 dt 04/06/2009 for rs 150000/= on 16.11.2009 by courier to company's regd office sector 128, noida 201304 u. P. Being maturity date 04/12/2009. But till date payment is not received.
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Aug 14, 2020
Complaint marked as Resolved 
 
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Pradip Jain
N-132, Greater Kailash 1
New Delhi - 110048.
Mobile : [protected]

My following Fds of Jai Prakash Associates have become due on 02.03.2016, the payment has not been sent to me inspite of the surrender of the original FD certificates to the company :

1. FD no. 00575366, Maturity Amt. Rs. 20, 14, 201-00
2. FD no. 00575367, Maturity Amt. Rs. 20, 14, 201-00
3. FD no. 00575371, Maturity Amt. Rs. 10, 07, 826-00

Kindly send me the amt. due along with the interest upto date on the matured amount.

Pradip Jain
Pradip Jain
N-132, Greater Kailash 1
New Delhi - 110048.
Mobile : [protected]

My following Fds of Jai Prakash Associates have become due on 02.03.2016, the payment has not been sent to me inspite of the surrender of the original FD certificates to the company :

1. FD no. 00575366, Maturity Amt. Rs. 20, 14, 201-00
2. FD no. 00575367, Maturity Amt. Rs. 20, 14, 201-00
3. FD no. 00575371, Maturity Amt. Rs. 10, 07, 826-00

Kindly send me the amt. due along with the interest upto date on the matured amount.

Pradip Jain
Dear Sir

I have two Fix Deposit of Jaiprakash Associate Ltd. Both Mature on 3/12/2015. Fixed Deposit No is 00381606 and 00381607. Rs. 50, 000/- each. Cumulative deposit for three years. We have not received Principle amount+Interest. Please do needful.

Thakorbhai Khatri
[protected]
Navsari
Deva Raj
To [protected]@jalindia.co.in Mar 14 at 5:48 PM

Deva Raj
To [protected]@jalindia.co.in
Mar 10 at 12:43 AM
M/s. Jaiprakash Associates Limited
Fixed Deposit Section
Sector 128
Nodia -201 304
U.P. INDIA.

REMINDER-1 FOR SETTLEMENT OF MY FD NO.00436494 FOR RS.50000/- & FD NO.00597628 FOR RS.159194/-

Dear Sir,

The above two Fixed Deposits duly signed and sent by Regd. Post on[protected] for redemption. But, so far I have not received any Cheque or Amount for the same.

I am enclosing scanned my letter and FD receipt for your reference.

Kindly go through our document and settle my FD amount immediately.

Thanking you,

Yours faithfully,
M. Devaraj
19, St. Anthony's Road
Kammanahalli
Bangalore - 560 084.

Mob:[protected]

Encl: Letter & two FD's Attachments
Rita Bhowmick & Abhijit Bhowmick.
We had deposited at different times to maintain smooth retired life, but now we are being forced to the maximum hardship, ultimately we may be forced to kill ourselves.
Certificate Nos:[protected] of Rs.50000/- due on 27/10/15.[protected] of Rs.50000/- due on 27/10/15.[protected] Rs.1, 00000/- due on 29/02/16.[protected] of Rs.3, 00000/- due on 03/08/16.[protected] of
Rs.2, 00000/- due on20/08/16.
Even due interests are not being paid. They don't reply to any query on phone/ letter. How long we have to suffer?
This investments were fully legal - the whole money was deposited by cheque. Company is a big corporate house, fixed deposit scheme was approved officially.
It is expected some serious action to get back our hard earned money.
Add- 1/1B/6, umakanta sen lane; Bl-E, Fl-1B, kol-700030; Mob. no- [protected].
Our FDR # 00382854 for rs 1, 90, 000/- --
matured on[protected]principal and interest due from
date of maturity not recd. No communication possible.
pl. arrange early payment and communicate.
manj and a.kumar--hyderabad
Our FDRs of Rs. 2 lakh have already matured in June 2016 and Rs one lakh in October 2016 but the JPA has not yet refunded the amount to us despite repeated requests on phone and by e mails. They are telling us to wait until March 2017. What can be the possible solution and line of action for us.Even interest due on 30th September, 2016 has not been released.
our investor code is 1253817
I have not received maturity amount on my fd no00570195 which has matured on 22/1/16.investor code is.1129657.pl send the amount early.I AM A SENIOR CITIZEN
K.C SIKKA
My Fixed Deposit Receipt no: 395259, Rs.30, 000/- invested date,[protected], & the maturity date[protected], Maturity Amount Rs.43, 566/-

I have not received my maturity amount as on date. No response to a number of E.mails. It is a big blow for the retired old people, like me, having no other income.

Any hope of getting my hard earned money:

G.Kalyanam ([protected]@gmail.com)

21-01-17.
FDR No: 395259 / 1238023, in the names of G. Kalyanam & K.Vijayalakshmi, Maturity date due on:[protected], & the Maturity amount Rs. 43, 066, yet received. No response for our mails.

Poor customer:

G. Kalyanam, No.21 /10, Dhandapani St, T. Nagar, Chennai - 600017, Tamil Nadu state, Mobile No :[protected].

E mail: [protected]@gmail.com
M/RAMARAO, HYDERABAD... how come the company law board is continuously extending time for repayments and interest payments to jaypee associates when the company is most unresponsive to the customers continuous complaints and tardy repayments?
fixed deposits have not been repaid for more than two years and no interest is forthcoming. and the company is most unresponsive to complaints.
fdr 00369869 due date 23 oct 15 rs. 4, 00, 000 principal and interest from due date DUE
[protected] oct 15 rs. 5, 00, 000 -do-
[protected] nov 15 rs. 3, 75, 000 -do-

[protected] dec 14 rs. 2, 50, 000 interest due from due date for two years
Non payment of matured fd amount
i submitted original discharged fdr 00569487 dated 25.11.2015 by speed post on[protected].
Till today i have not received the amound. Nobody picks up the phone in their office nor any communication from their side.
Kindly help me to get back the refund.
Amit gupta
Jaiprakash Associates Ltd Fixed Deposits — Non-repayment of maturity amount

The discharged fixed deposit receipts nos. 00369008 for Rs.30000/- and 00555928 for Rs.20000/- due for maturity on 18.10.2015 & 23.11.2015 were submitted to the company on 05 Oct 2015 i.e. almost a month in advance. Till today, the maturity amount and interest have not received inspite of reminders by E:mail and on phone. The company stated that Hon, ble National Company Law Tribunal has extended further time upto 31.03.2017 to repay all outstanding Deposits. I have also filed complaint with pgportal (MCA).
SUBASH CHANDER TULI
1042 PATEL GALI, GANDHI NAGAR, DELHI - 110031
Non payment of matured fd amount
i submitted original discharged fdr 00569487 dated 25.11.2012 matured on[protected] by speed post on[protected].
Reminder was sent again by speedpost on[protected]. Till today i have not received the amount . Nobody picks up the phone in their office nor any communication from their side.
Kindly help me to get back the refund.
Amit gupta
I have deposit rs 30, 000/- as a fix deposit with j p associate on dated 02/02/2013 withe name of hiteshkumar madhavalal joshi receipt no 00397086 .Investor code 1239066 scheme cumulative.
Rs 30000.00 with interest 12.5% for 3 yrs. But till date i have not received any maturity amount form the jp associate.

Please sign up to this petition so that Jai Prakash associate fixed deposit investors can get their rightful dues at the earliest. Thanks for your support and contribution

https://www.change.org/p/narendra-modi-to-ensure-that-jai-prakash-associate-pays...

sramu1's reply, Apr 5, 2017
Sridhar Ramu
Will government act before Jaypee Group becomes the next Sahara or Kingfisher?

Can Narendra Modi's pro business government save the ordinary retail company fixed deposit investors who have put their life savings into Jai Prakash Associates company fixed deposits

Jai Prakash Associates Limited, Jaypee Group raised thousands of crores of deposits from ordinary retail investors in the form of guaranteed company fixed deposits till 2014. The company has failed to pay back the maturity sum of money to the investors whose fixed deposits have already matured.
It has been 2 years that the fixed deposit investors are waiting for the company's response and payment of the maturity amount of their respective fixed deposit investments.
Many investors have already written to the Prime Minister's Office, Ministry of Corporate Affairs, Company Law Board, Reserve Bank of India and other government agencies. However no action has been taken against Jai Prakash Associates Limited, Jaypee Group so far and with each passing day the hope for economic justice is becoming thinner and a distant dream.
Your sincere support by signing up this online petition will ensure and enforce the Indian central government agencies to take a strict action against the likes of Jai Prakash Associates Limited, Jaypee Group in view of the ordinary small investors' rights protection. This is surely give immense fillip in solving the ongoing issue of delayed economic justice to the likes of those who invested in the company fixed deposit of Jai Prakash Associates Limited, Jaypee Group. Without your valuable support it will not be possible to enforce the Indian central government, administration and judiciary to take cognizance of the financial stress which the ordinary company fixed deposit investors are going through. Government of India should not only solve the current ongoing crisis in this space but also come up with improved legal framework for faster economic justice for small investors.

Jai Prakash Associates, Jaypee Group must pay the long pending legitimate dues of the ordinary retail investors who have put their life savings into Jai Prakash Associates company fixed deposit.

https://www.change.org/p/can-narendra-modi-s-pro-business-government-save-the-or...

I had taken a Fixed deposit of Rs 300000 FD # 00583187 @ interest rate 12.25 % which matured on 9/7/2015. I still have not received the matured amount in spite of repeated calls. The FD department does not take any calls . Very frustrating
Sridhar Ramu
Email- [protected]@yahoo.com
All fixed deposit holders of JP Associates,
Let us all form a central committee and fight out in DELHI HIGH COURT OR DIRECTLY SUPREME COURT. We have seen how the Supreme Court is forcing Sahara Group to repay the debts of common people.
Other wise these people will influence the authorities to avoid our hard earned money.
Sudhir Handique'
1/1, G-4, Creek View Society, Sector - 22,
Koperkhairane, Navi Mumbai - 400709
M- [protected]
NON-RECEIPT OF MATURITY AMOUNT - I have FD of Rs.20000/- vide FDR No.0055928 dated 24/11/2012 due on 24/11/2015. Original FDR have been deposited personally by me at FD Department, Noida on 05 Oct 2015. Order of Company Law board/National Company Law Tribunal (CLB/NCLT) dated 17.06.2016 to grant extension of time to repay the amount to the depositors on or before 31.03.2017 but till dated payment is not received.

SUBASH CHANDER TULI
Mob: [protected]

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