[Resolved]  Reliance Money Infrastructure Limited — Refund Of Rs.1000/-

Respected Sir,

I am a student of IBM, CSJM University, Kanpur. IN the month of April, 09 Reliance money Infrasstructure Ltd.came into my college for summer training placement.At the time of presentation given by their executives about HEADSTART TO LEADERSHIP programme they said that:-
1- there were no target is provided to students only studies and practical knowledge provided under this training.
2- Training period is 3 months.
3- Rs. 2000/- per month paid as a stipend by company to trainee.
4- Participation Fee is Rs.1000/- for whole programme such amount is promised to return after the completion of training.

On the basis of such offers me and around 43 students of my college enrolling themselves under this programme by depositing DD of Rs.1000/-.But when we joining the company Reliance Money on 6th June, 09 (at civil lines, Near Stock Exchange, Kanpur, ) Our mentor giving us following compulsory targets of whole training period in first class:-
1- Opening of one Demat A/c
2- One mutual Fund investment &
3- One Life Insurance Policy of Rs.15000/- p.a Premium.

After two days he said that above written targets have to done in two different months.That means we have to open two Demat A/cs, Two mutual fund invesment, & two Life Insurance.
At same day he said that training period is become Two months.
Our trainer is always providing information about their product which we have sale in our relations.Like Reliance Infrastructure fund.
Next day, he said we have to accomplish two more Insurance policy compulsory.

When we want to leave the company then we demanded for Rs.1000/- But our mentor said that it will be not refundable.

So, kindly I request to please refunded my money back I don't want to continue with this Company.

Thank You.