Recovery of investment fromsahakari pat shantha
sunil kumavat
(Querist) 11 October 2015
This query is : Resolved
Res. Sir,
i have some FD with A SHAKARI PAT SHANTHA. due to some reason the Shantha is not able to return my FD and Intrest earned on it.
i have send leagel notice through lawyer and filed a police complaint also. but they just told we will give u once we recover money. but since last 1 yr. they have not given me any money.
please guide.
i read in news paper that someone in similar case has got his investment through Consumer court .
shall i approach Consumer court for effective action on this .
please give ur valuable guidance .
thanks
sunil
P. Venu
(Expert) 12 October 2015
Police has no role in the matter. You may approach the civil court or the consumer forum.
K.S.Srinivas
(Expert) 13 October 2015
Approach the Consumer Forum.
sunil kumavat
(Querist) 15 October 2015
will consumer court i will get fast result than normal court .
how consumer courts are different than normal court
sunil
Rajendra K Goyal
(Expert) 15 October 2015
Consumer forum is cheaper and faster in dealing matters relating to deficiency of service. Civil courts are overburdened with cases.
Whether the institution was authorised to accept the deposit from RBI? If yes, whether the deposit was guaranteed by the guarantee corporation?
