[Resolved]  koteeswari & Co,Ayanavaram,Chennai-23,Tamilnadu,India — Financial fraud,cheating loan,misrepresentation

Address: Chennai, Tamil Nadu

MY NAME IS VINAY ...FROM KERALA... I HAVE APPLIED FOR A LOAN FROM KOTEESWARI &Co, AYANAVARAM, CHENNAI AT AROUND 10 MONTHS BACK...THEY HAVE COLLECTED MONEY FROM ME TOWARDS PROCESSING/EMD FEES ...THEY HAVE INFORMED ME THAT LOAN HAS BEEN PASSED FOR 5 LAKH RUPEES FOR ME...I HAVE BEEN CONTINUOSLY FOLLOWING WITH THEM FOR THE LOAN AMOUNT...THE PROPRIETOR/OWNER Mr.SHANMUGHADURAI HAS GIVEN ME SO MANY PROMISES ON EVERY TIME I CALL...HE TELLS EVERY DAY THAT HE WILL TRANSFER THE MONEY TODAY OT TOMORROW ETC...THEN THEY WILL SAY THEY WILL FAX SOMETHING ...THEN THEY WILL SAY THAT A PERSON WILL COME AND MEET ME AND GIVE ME THE CHEQUE...THEN THEY SAID THAT THIER ADVOCATE WILL CONTACT ME...ALL FALSE THINGS...THE OWNER SHANMUGHDURAI HAS GIVEN ME CHEQUE OF FIVE LAKHS, WITH NO BALANCE IN ACCOUNT(CRIMINAL CASE UNDER THE NEGOTIABLE INSTRUMENT ACT)...I HAVE VISITED THIER OFFICE FOR MORE THAN 20 TIMES... I HAVE SPEND THOUSANDS OF RUPPES TOWARDS THIER OFFICE VISITS AND MY PHONEBILL CALLING THEM...THESE PEOPLE ARE NOT PROPER...IF I AM NOT GETTING MY COMPLAINT RESOLVED BY THEM BY[protected], I WILL BE FORCED TO FORWARD A COMPLAINT TO THE COMMISIONER OF POLICE CHENNAI/COCHIN....LOCAL POLICE AT AYNAVARAM/PURASAIVAKKAM...AS WELL AS A CASE IN THE COURT PARALLELY...MR.DURAI, DO YOU HAVE SOMETHING TO SAY NOW????...OPPOSE THESE MATTERS IF POSSIBLE...THESE MATTERS WILL BE REPORTED TO NEWSPAPERS AS WELL AS TELEVISION CHANNELS, ON[protected]...PLEASE TAKE IT SERIOUSLY...I WILL DESCRIBE ALL DETAILS WITH DOCUMENTS IF REQUIRED...
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Aug 13, 2020
Complaint marked as Resolved 
 
10 Comments

Comments

Koteeswari & Co

Mr.Vinay kumar thanks for your above complaint. On 11th oct 2011 you personally came over here and recollected all your E.M.D amount. After collecting your amount then only you file this complaint against koteeswari & co. No due to you.

We are ready to meet you at any stage at the time we will prove our side Don’t chase us because you are a wounded duck. We are ready to unmask your face at any place. Deformation suit follows against you once you are not withdraw this complaint.
by,
Koteeswari & Co.
Dear Mr.Durai sir,

I am extremly sorry for whatever happend..i hereby withdraw my complaint... i have no more complaints in this regard

Vinay
Whats happening here?
I am Shaji from Kerala. I applied for a loan for Five Lakhs with Koteeswari & Co, V.P Colony, Ayanavaram, Chennai in April 2011 .Then I paid Processing Fee + Inspection Charges Rs. 21500/.Then a person from the company came to the nearest railway station which is 50 KM away from my home and met me and collected documents like ID Proof, Bank Statement etc. Then the company's proprietor a person named Shanmugadurai told me that I will be receiving the loan amount in the month of May 2011. Then that month I did not receive the amount. So I called in the April for the loan amount then he said "your loan is sanctioned take cash tomarrow" . I did not get the amount the next day.He was telling the same dialogue till October 2011. Then I applied for refund in November 2011. He said he does not want my money and I will be getting the refund the next week.But he did not refund the amount.so I went to the office in first week of December 2011.That day he gave me photostate copy of my refund cheque and letter showing he has sent me by registered ack. post and i will be receiving within two days. But I did not receive anything till today February 3rd 2012. So I am going to complaint with Ayanavaram Police and Chennai Police Commissioner.
Koteeswary & Co agreed to refund my amount. This is out of court settlement. So that I withdraw my complaint.
Shaji
I too paid Rs 6, 75, 000/- towards initial processing fee for a loan of Rs 6 crore, way back in April 2012, and was given many false promises regarding disbursement. Afterwards, the proprietor of the company got caught by the police and supposedly faced jail, see the news below:
www dot newindianexpress dot com/cities/chennai/article555360 dot ece

Now what happens to my refund ?? I was introduced to this company by 2 brothers in Bangalore - Mahadeesh and Manjunath, who were running the same racket that got bust around the same time.
we the koteeswari &co a genuine one some peoples creating romuers against us. that peoples not given correct picture. they are not mentioned their full address, receipt no date of the receipt etc. once they are correct, why they are under the shadow to fight with us.
once they are giving correct information we are ready to settle the matter according to the proof. Otherwise we are ready to unmask this kind of .peoples through proper channels


By

The Properiter
Koteeswari&co
reference our explenation dated June 14 2014. From that date still no complainant sent their particulars to us for the settlement even through email or by post or in person we are ready to settle the matter what ever may be. Below mentioned persons requested to send the particulars for smouthfull settlement or otherwise the above complaint's are false

1 trvinayakumar

2. baluint

3. shajiyem

4. soumitrasen
The most cheating company I ever saw - WAITED FOR THREE AND MORE MONTHS - ONLY DAILOUGES - FINALLY ONE WILL NOT GET FINANCE - FROM MR. DURAISHANMUGAM - THEIR COMMITMENTS ARE FALSE - SO PEOPLE PLEASE LISTEN AND DONT TRUST THIS COMPANY AND DONT WASTE YOUR TIME - LOOK FOR A BETTER CONCERN
We have paid Rs2500 to KOTEESWARI & CO for getting order for installation of Mobile tower in our premises. But there is no any reply from them and their all contact Nos are changed. I dont know whether they are collecting in the same manner from many peoples !! Pls get my hard earned money back.

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    koteeswari & Co,Ayanavaram,Chennai-23,Tamilnadu,India
    Ayanavaram
    Tamil Nadu
    India
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