I am writing this because it was our hard earned money.
We had invested Rs. 50,000 in a company called NEESA LEISURE LIMITED. But company is not paying back the maturity amount.
Could you please help in this regard.
Regards,
Parin
You need to can file complaint (not just phone calls/letters) against the company at the Company Law Board (CLB), Ministry of Corporate Affairs (MCA) and SEBI. However, remember, filing complaint is no guarantee that you would receive your money, as not much action happens there and you may have to approach the EOW of Police.
Here is how you can file a complaint…
1. First, you should file a complaint with the Investor Grievance Cell of the company. Go to company's Website and check contact details. Email them regarding your issues and complaints and save it as a proof that they have not replied your complaints.
2. If you do not get proper response from them by email or on their helpline numbers, follow below steps and then escalate the issue. You can do this by filing an online complaint to MCA as mentioned below.
3. On MCA website (http://www.mca.gov.in/MCA21/index.html ) click on the right side menu under 'Important Links' click on 'Lodge Investor Complaints'. It will provide you Investor Complaint Form (http://www.mca.gov.in/DCAPortalWeb/dca/EFormDisplay.do?method=getForm&contentId=1021&taskID=9501 ). Fill in all the necessary information and submit your complaint online.
4. While filling online complaint form on MCA website, you need to enter Corporate identity number (CIN) (http://www.mca.gov.in/DCAPortalWeb/dca/MyMCALogin.do?method=setDefaultProperty&mode=14 ) of company.
5. You can submit an online complaint to SEBI http://www.scores.gov.in/Complaint.aspx?flag=n
In addition, you can also file RTI (after say 30 days from filing complaint/s) with the CLB, MCA and SEBI to get information like file notings and action taken, if any, on your complaint.
Keep reading Moneylife (http://www.moneylife.in/ )
We earlier wrote an article on, 'How to get your money back from Yash Birla group companies' (http://www.moneylife.in/article/how-to-get-your-money-back-from-yash-birla-group-companies/34593.html ) to guide our readers in getting their corporate FD money back from Yash Birla Group of Companies. Many of them got their money back by using this process, as CLB directed company to pay to its deposit holder. (http://www.moneylife.in/article/company-law-board-directs-zenith-birla-ltd-to-pay-dues-of-its-depositors/36446.html )
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