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Finance -Share Complaints, Investment Schemes Consumer Complaint About Banking, Alchemist Infra Realty Limited, chandrapur


Complaint ID: 21304 2011-08-05 Posted by: ANUPAM LAI


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I want to invest in alchemist infra realty limited fixed deposit; but i want ot know how much authentic it is? secondly how much safe it to invest in company fd like unitech , ib 18 etc? if suppose alchemist makes a default at paying both the interest and the principal then how will i get the money back?

Advice by Experts:

Dear Anupam.. Never invest in any Company unless its fundamentally very strong, renowned and reliable. Company FDs are extremely risky. There is no guarantee or warranty to refund principle in case of default. Companies need to be profitable, going concern to be able to pay interest and return principle. In case of default investors have to approach Ministry Of Corporate Affairs. But nothing ever happens. AVOID Company FD. But if very keen, considering higher interest, invest for short term (not more than an year), that too in renowned companies which are not currently in any financial trouble.

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COMMENTS BY USER (Admin will NOT reply to Comments posted here. For Admin response, submit complaint form)
Date: 2012-02-20 by Ram kumar
It is 100% safe investment with alchemist ltd. Because Alchemist Ltd. is public ltd. co.. SEBI Registered, NSE-BSE Listed, ROC Register, Ministry of Corporate Affairs - Govt. of India Affiliated, Alchemist Ltd. is a Industrial Co. it has many Business like steel. Floriculture, Aviation., Food Processing, Hotel- Resort, Hospital, Tea Garden, etc...and many more. it is not Finance Company. Its is totally a industrial co, the scheme of investments is approved by Ministry of Corporate Social Welfare Scheme-Govt. of India. the Company Chairman Mr. K.D.Singh is a Chairman Central Poultry & Meat Dept. Since 1988 The Company paid more than 4000 Crore Maturity value to investor.

Date: 2012-02-02 by smt.DOLLY LODH
sir, My husband late sakti brata lodh expired on 16.12.2011.his tow certificate no.AIRL/RC00161068 and 069,dated,02.02.2010and 03.02.2010,kindly sent interest warrent in the name of smt DOLLY LODH.infuture,becuse bank is not accpting the cheques in the name of Sakti brata lodh,hope you will not deceve me. thanku smt Dolly lodh,please sent the cheques at an earliest,I am faceing lot of dificultise in my day to day life,

Date: 2011-09-17 by subir paul
Sir,plz give me suggestion about alchemist infra ltd.i want to open fd with 2lakhs in that company for 9yrs as per plan .Is liable,may i trust on it.

COMPANY RESPONSE  
alchemist infra realty limited fixed deposit authenticity.Is it safe to invest in company fd
 
Complaint ID: 21304 Response Date:2011-10-15 Responded by: TEJ BAHADUR SINGH

Dear Sir,I have purchased certificate of Property and deposited Rs.2100000.00 on 10/6/2011 my Allotment No. AIRL/RX00010473. My complaint is that neither correct account payee cheque advance complete with micur no. yet not received from your local agent at Kanpur Uttar Pradesh . Two time cash amount late has been received. No. cheque or cash amount of dated 10/10/2011 and thereafter received sofar. Please take suitable action. Sincerey yours Tej Bahadur Singh

 


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