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Insurance company not paying money back after maturity date


18-May-2023 (In Consumer Court Law)
Respected sir, after completion of maturity date the company not return investors money so where should I complaint against him to get our money. Company name- Sai Prasad Group of companies
Answers (2)

Answer #1
539 votes
Status of companies you have not clarifed but ad per my knowledge this is a real estate company which is under the scan of CBI and Sebi and other enforcement agencies. So it is better to file a criminal complaint as well as consumer complaint against the directors of this company. We are doing these types of litigation
Answer #2
768 votes
It being an insurance company you should approach Insurance Regulatory Development Authority (IRDA) and thereafter you may approach court. You may also directly refer the matter directly to consumer courts with your grievances. Which court shall have the jurisdiction may only be informed after knowing your matter in detail. We may assist you if you so desire.

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