Fixed deposit amount with Birla Power not received after maturity

[Sameer Kapoor]

I invested Rs. 50,000 in FD for 3 years with Birla Power. I sent it for maturity to company but I didn’t get any communication from them. I marked a mail on company’s e-mail ID and company law board, but I didn’t get any response. It’s been one year, since it has matured. CLB has rejected my application. According to rejection letter, it is not a fixed deposit and therefore can not be pursued. Please suggest what to do.

[samkapoor77]

If you have valid proofs then file a suit against company. Otherwise, forget it, you will never receive your money back.

[Author]

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