Saharayn Universal Multipurpose Society Ltd. is not returning investors money

 

Grievance Status for registration number : DEAID/E/2022/14284

Grievance Concerns To

Name Of Complainant

Yogi M. P. Singh

Date of Receipt

10/12/2022

Received By Ministry/Department

Financial Services (Insurance Division)

Grievance Description

Financial Services (Insurance Division) >> Allegation on Corruption/Malpractice

Insurance Company: Insurance Regulatory and Development Authority.

-----------------------

Grievance Status for registration number : DEAID/E/2022/12949 Grievance Concerns To Name Of Complainant Yogi M. P. Singh Date of Receipt 03/11/2022

Remarks-Your complaint is being forwarded to the Society concerned with a direction to verify the claim and pay the amount, if due.

I want to inform you kindly that no action has been taken by 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.

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 staff of the company harassing the innocent and gullible citizen for more than two years whose fault is that he believed the defaulter company and they cheated him.

2-It is submitted before the Hon’ble Sir that a gentleman 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 the responsibility of the government to ensure the safety of rights of investors concerned from such cheaters. Government must ensure the entire

Grievance Document

Current Status

Case closed   

Date of Action

12/12/2022

Remarks

Your complaint is being forwarded to the Society concerned with a direction to verify the claim and pay the amount, if due.

Rating

1

Poor

Rating Remarks

A divisional bench of the Chief Justice D.N. Patel and Justice Jyoti Singh said Saharayn is allowed to continue its business till the next date of hearing. The petition has been filed by the Saharayn Universal Multipurpose Society Limited registered under the Multi State Cooperative Societies Act, through Advocate Neha Gupta alleging that there have been complaints from only 0.06 percent members out of thousands of members on whose complaints the Authority has acted upon. The advocate of the defaulter company and the concerned court must know that every investor of the defaulter company wants their money back and agents of the company are so frustrated that they have gone into depression.

Appeal Details

Appeal Number

MOCOP/E/A/22/0002859

Date of Receipt

12/12/2022

Appeal Text

Think about the gravity of situation that Subrat Rai Sahara was sent behind the bar by the apex court of India then this news circulated in entire print and electronic media but when he was released and freed no comment came through the print and electronic media whether he has resolved the problems of the customers they have sorted out the problems in the mysterious and cryptic working style. Whether cheaters may be allowed to do the business on the land of India but because of the corrupt public staff everything is possible in this country because of the lowering standard of the corrupt public staff in this country. Our public staff has been too much greedy and they are finding itself unable to control its greed, so they are allowing greedy giants sucking the blood of the innocent and gullible people. Now the situation is so grim that no staff of the company are attending the branch offices because of resentment prevailed in the investors who have been uncontrolled to get back their money.

Current Status

Appeal Received

Officer Concerns To

Officer Name

Shri Sheker Bose (Under Secretary)

Organisation name

Ministry of Cooperation

Contact Address

Delhi Delhi Delhi

Email Address

sheker.bose@gov.in

Contact Number

01123387926