Kapil Chit Funds — Reimbursement of Amount paid for the chit

Address: M44. MET Quarters, begumpet

In pertainment to above mentioned issue, consumer, siripuram krishna murthy, has paid amount of Rs. 20, 700/- to kapil chits, with receipt no RCQ637/23, Dated 06.07.2023.

Follwing which kapil chits authorities have not performed any auction on the promised dates in the month of July for the above chit of 6 lakhs. leraning about the issue I have approached the head office of kapil chits at himayath nagar in the first week of August 2023 and wished to withdraw from the above chit as the online auction has not been conducted for above chit, the officials has agreed to credit the amount in my bank account for which i have submitted all the necessary documents.

Officials have not declared any proper deadline and havenot shown any proper protocols for reimbursement. and agreed to do the same in 5 working days, now that with the completion of 15 days in total approx No further developments took place.

When contacted over phone, the executive has no idea about the guidelines, protocols and policies of the company itself and gave a vague answer of few more days more / connot be answered accurately.

Requested to look into verasity of the issue.