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Company involved in cheating and not refunding money.What to do?


05-Mar-2023 (In Consumer Court Law)
Sir, I m working a financial advisor in the financial industry and before 3 or y yrs. back i sold the fd, mis, debenture of the pailan group limited co. under mca and co.op. society under central registrar of co.op dept. they opened the branch and taken the deposit form the customer through the agent or financial advisor but on the time of the refund the money they cheated with them, not giving the refund. I put the lot of complaints against the co. but some wrong attitude clients want to harm me & put the false complaints againts me and involve me with the company in the cheating even i am also a big victim because my goodwill or business goes down in this type of situation and i always want the solution of my clients and put the sincere efforts for the clients but result is not in my hand deposit has been taken by the co. and co. is liable for refund. Sir, i want to know that what should i do then any clients does not understand me & want to take any wrong action against me.
Answers (2)

Answer #1
801 votes
Hi
First of all I want to clear that every victim has the right to make the agent or company's executive party so if they are making u party in person then we will defend us in court. You have to be vigilant what police is doing? Whether police lodged FIR or not and on what charges??
Will contact u
Answer #2
985 votes
i think you should do your sincere efforts to get the money refunded if there is such provision in documents your client signed at the time of getting the fds, debentures issued. and the important point here is what ever communication you are doing with the concerned company or with your seniors, you should do that in written either through registered post or through email, don't forget to maintain the proper record on your end.

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