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Grievance Status for registration number : DEAID/E/2021/01671
Grievance Concerns To
Name Of Complainant
Yogi M P Singh
Date of Receipt
21/02/2021
Received By Ministry/Department
Financial Services (Insurance Division)
Grievance Description
Financial Services (Insurance Division) >> Fraud
Insurance Company : Other / Private Insurance Company.
Company Name : Saharayn Universal Multipurpose Society Ltd. Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014 Regd. office 195 Zone-1, In Front Of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011.
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Defaulter company is not providing the matured amount and its staffs at District Bhadohi are procrastinating more than one year.
An application on behalf of Om Prakash Maurya addressed as Main road Chaksaif, Kapoor Karpet Gali, District-Sant Ravidas Nagar Bhadohi, PIN Code. 221401
The matter concerns the
Saharayn Universal Multipurpose Society Ltd.
Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014
Regd. office 195 Zone-1, In Front Of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011.
Receipt No.-34016622102, Authorized Centre-Bhadohi Sector, Received from-Mr Om Prakash Maurya
A sum of contribution – Rs. 252689 in words Rs. Two Lakh Fifty two thousand six hundred eighty nine
For more information, vide attached PDF document to the representation.
With great respect to revered Sir, your applicant invites the kind attention of the Hon’ble Sir to the following submissions as follows.
1-It is submitted before the Hon’ble Sir that concerned errant staffs of the company harassing the innocent and gullible citizen from more than one year whose fault is that he believed the defaulter company and they cheated him.
2-It is submitted before the Hon’ble Sir that gentle man expressed the confidence and invested the money because this defaulter company is recognized by the government of India to do the business on this land.
3-It is submitted before the Hon’ble Sir that now it is responsibility of the government to ensure the safety of rights of investor concerned from such cheaters. Government must ensure the entire payment after maturity of the scheme with interest of period of delay made by company in the payment.
Date-21/02/2021 Yours sincerely
Yogi M. P. Singh, Mobile number-7379105911, Mohalla- Surekapuram, Jabalpur Road, District-Mirzapur, Uttar Pradesh, Pin code-231001.
Grievance Document
Current Status
Case closed
Date of Action
09/04/2021
Remarks
It is informed that any Multi State Cooperative Society registered under the provisions of Multi State Cooperative Societies (MSCS) Act, 2002 functions as autonomous cooperative organizations accountable to their members. The multi-State cooperative society functions as per the provisions of MSCS Act, 2002, MSCS Rules, 2002 and Bye-laws in which the roles and powers of the members, general body of the society and Central Registrar of Cooperative Societies are defined in the Act. As per the provisions of Section 49 of the MSCS Act, 2002, the business matters such as to admit members, to accept the deposits and investing the same fall under the powers and functions of the board of the society and the day to day management of the business of the society is under the powers and functions of the Chief Executive of the society as per the provisions of Section 52 of the MSCS Act, 2002. Therefore, the Government of India does not provide any guarantee in making the repayment of the deposits to the members as there is no remedy available in the MSCS Act, 2002 and rules made there under. It is, therefore, advised that the members shall take decision on merits while depositing their funds in the society based on its proper functioning and viability. You can take appropriate action against the society as per the prevailing law of the land.
Rating
1
Poor
Rating Remarks
Defaulter company is not providing the matured amount A sum of contribution Rs. 252689 in words Rs. Two Lakh Fifty two thousand six hundred eighty nine and its staffs at District Bhadohi are procrastinating more than one year. Whether government will allow loot of life saving of a citizen by a Multi State Cooperative Society on the flimsy ground. It is submitted before the Honourable Sir that how the government functionaries can overlook the open loot of citizens by such cheater companies registered under the provisions of Multi State Cooperative Societies (MSCS Act), 2002. Such loot must be stopped and ensure proper protection to life savings of poor people. It is submitted before the Honourable Sir that according to you Government of India does not provide any guarantee in making the repayment of the deposits to the members as there is no remedy available in the MSCS Act, 2002 and rules made there under.
Appeal Details
Appeal Number
DOAAC/E/A/21/0000656
Appeal Text
Following grievance disposed of by submitting inconsistent and irresponsible reports on the public grievance portal of government of India. Grievance Status for registration number : DEAID/E/2021/01671 Grievance Concerns To Name Of Complainant Yogi M P Singh Date of Receipt 21/02/2021 Received By Ministry/Department Financial Services (Insurance Division) An appeal on behalf of Om Prakash Maurya addressed as Main road Chaksaif, Kapoor Karpet Gali, District-Sant Ravidas Nagar Bhadohi, PIN Code. 221401 The matter concerns the Saharayn Universal Multipurpose Society Ltd. Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014 Regd. office 195 Zone-1, In Front Of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011. Receipt No.-34016622102, Authorized Centre-Bhadohi Sector, Received from-Mr Om Prakash Maurya A sum of contribution Rs. 252689 in words Rs. Two Lakh Fifty two thousand six hundred eighty nine For more information, vide attached PDF document to the representation It is submitted before the Honourable Sir that ipso facto aforementioned company can pursue its business through its management but can not cheat innocent and gullible citizens. Whether government of India has no regulatory power and control over such mushrooming financial institutions quite obvious from your absurd and ambiguous report. According to concerned staff It is, therefore, advised that the members shall take decisions on merits while depositing their funds in the society based on its proper functioning and viability. But Sir You can take appropriate action against the society as per the prevailing law of the land. It can not leave on innocent and gullible people.
Current Status
Appeal Closed
Remarks
It is informed that any Multi State Cooperative Society registered under the provisions of Multi State Cooperative Societies (MSCS) Act, 2002 functions as autonomous cooperative organizations accountable to their members. The multi-State cooperative society functions as per the provisions of MSCS Act, 2002, MSCS Rules, 2002 and Bye-laws in which the roles and powers of the members, general body of the society and Central Registrar of Cooperative Societies are defined in the Act. As per the provisions of Section 49 of the MSCS Act, 2002, the business matters such as to admit members, to accept the deposits and investing the same fall under the powers and functions of the board of the society and the day to day management of the business of the society is under the powers and functions of the Chief Executive of the society as per the provisions of Section 52 of the MSCS Act, 2002. Therefore, the Government of India does not provide any guarantee in making the repayment of the deposits to the members as there is no remedy available in the MSCS Act, 2002 and rules made there under. It is, therefore, advised that the members shall take decision on merits while depositing their funds in the society based on its proper functioning and viability. You can take appropriate action against the society as per the prevailing law of the land.
Officer Concerns To
Officer Name
Sh.
Officer Designation
Section Officer
Contact Address
Room No. 397 Krishi Bhawan New Delhi
Email Address
lawmscs397@yahoo.co.in
Contact Number
01123383991
Defaulter company is not providing the matured amount A sum of contribution Rs. 252689 in words Rs. Two Lakh Fifty two thousand six hundred eighty-nine and its staffs at District Bhadohi are procrastinating more than one year. Whether government will allow loot of life-saving of a citizen by a Multi State Cooperative Society on the flimsy ground.
ReplyDeleteAccording to report of Modi government at centre-It is informed that any Multi State Cooperative Society registered under the provisions of Multi State Cooperative Societies (MSCS) Act, 2002 functions as autonomous cooperative organizations accountable to their members.
Which implies that they have blessings of the government in looting to innocent and gullible investors.
Undoubtedly they have blessings of the concerned public staff because public functionaries are also supporting their cryptic styles of looting the innocent and gullible people of this country because of the political masters who had blessings for such companies. Such wrongdoers companies are the funding resources for such political parties and political masters during the election time.
ReplyDeleteIt is fact that several financial institutions by taking the licence from the Government of India are indulged in the looting to the innocent and gullible citizens of this country by taking the concerned government functionaries in good faith and it is most unfortunate that government is not taking serious initiatives in this direction to stop the loot of these money minting institutions.
ReplyDeleteThese money minting institutions are looting the innocent and gullible citizens of this country who have invested their hard earned money to these institutions and these institutions are using that money commercially but position is that their principal amount is not being refunded by these money minting institutions which are looting innocent and gullible citizens caucus with the government functionaries quite obvious from the post..
ReplyDeleteThere are several ways through which public staff loots the citizens of the country, one of them is looting in caucus with such money minting financial institutions who cheated the citizens and there looted money is shared among these financial institutions and corrupt public staff.
ReplyDeleteThink about the gravity of situation that public staff is directly denying to provide justice to these poor investors whose hard earned money has been looted.