Neesa Liesure co has miserably failed to repay the due maturity amount of deposits and several interest amounts and has indulged into fraudulent acts, even has failed to respond and communicate with the deposit holders….MD of the company seems to be non responding.. company seems to have lost its credibility in the market and yet it is not honoring the payments to even sr.citizens.
Ministry of corporate affairs and the registrar of the companies act,must initiate a serious action a heavy penalty and prisionment be imposed under the new companies act 2013.