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Interest not received for investment made by company FD


30-May-2023 (In Banking / Finance Law)
I have deposited my money in Company FD through Bajaj Capital but so far I haven't received either the principle or interest rate. I have complained in Ministry of Corporate Affairs website but then there is no followup and my complaint has been closed. Some of the companies where I invested are Plethico Pharmaceuticals - OmniTech , Unitech, MicroTechnologies, Bilcare, Ansal API. Need to know the process of getting the money back.
Answers (1)

Answer #1
431 votes
As per your query, you can send a legal notice to the person to whom you gave money and ask him to pay off the pending dues. If the person still doesn’t pay then you can keep all the documents given by him as proof and file a recovery suit against him. 

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