Elder Pharma Ltd – Principal amount has not yet been refunded nor interest on FD

I made Fixed Deposit of Rs.20 Lakhs. with the Company M/s Elder Pharmaceuticals Ltd., based on the recommendations by the Brokers, M/S Bajaj Capital Ltd., My Fixed Deposit R No: No. N60070 dtd.24/09/2014. matured on 24/09/2014. The Principal amount has not yet been refunded by the Company M/sElder Pharmaceuticals Ltd.,so far. The Company is not even making payment of interest on FD. The Company is not responding to all my Registered Letters & E-Mail messages.
The Brokers, M/S Bajaj Capital Ltd., are not in a position to help.
I made complaint by Registered Post to …
The Company Law Board Mumbai Branch.The CLB ordered vide, CA50-2014 dtd.24/12/2014 that M/S Elder Pharmaceuticals Ltd., should pay the Depositors before one month of the date of Order.But the Company is refusing to pay. What is the remedy?
Sh. J.N. Tikku (ROC Gwalior ) 3rd Floor, ‘A’ Block, Sanjay Complex Jayendra Ganj, Gwalior-474001 Phone: 0751-2321907Fax: 0751-2331853 [email protected] But so far no action appears to have been taken on the Company M/s. Elder Pharmaceuticals Ltd., by ROC.


Post your reviews / feedback or experience by clicking on the following submit complaint button.
Frustrated?

1 thought on “Elder Pharma Ltd – Principal amount has not yet been refunded nor interest on FD”

Leave a Comment

Your email address will not be published. Required fields are marked *

Contact Us