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Complaint for not returning money invested in mutual funds


28-Jul-2023 (In Insurance Law)
Sir help me in getting my monet back from a firm i had invested money in a firm and they said that they will return it after 3 yrs with 11% interest and now they are not returning the amount even after maturity it have been six months and my amount is not returned.
Answers (1)

Answer #1
915 votes
You can recover it with damages though consumer court of concerned state. You have not mentioned whether the firm, in which you have invested is an authorized company to give 11 % interest, if not, a criminal complaint can also be filed. regards, Adv malhotra
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