i invested in these cos. years back. They are all red now. Is there any possibility to recover the money? is there any group of aggrieved investors?
2006-12-17 21:41:56 · 6 answers · asked by dhrubaaa 1 in Business & Finance ➔ Personal Finance
See a lawyer.
2006-12-17 21:48:29 · answer #1 · answered by minootoo 7 · 0⤊ 0⤋
Hi, The plantation companies which flooded in the market with the different plantation schemes in early 1990's , all such companies are no more in existence, Several company's director are under trial, but there is no hope of recovery of money.
THere are indeed group of aggrieved investors,and u have to find it out for your company, but there is no hope of recovery of funds.
Several cases in consumer forum,high court are pending on the issue.
Just forget the bad incident.
THANKS
2006-12-20 03:04:58 · answer #2 · answered by AVANISH JI 5 · 0⤊ 0⤋
The question is have you fallowed their instructions,and guidelines,before taking up the investment. 2) Is there their experts visited your sites and certified the lands which are suitable.3) have you made timely approch and brought the growth prospects to their knowlegge,4) Is there any by back guarantee offer or any written agriment between U5)if all is there cosult the advocate and lodge a complaint on the firm.
Thanks,
Premk
2006-12-18 08:06:44 · answer #3 · answered by Premk 1 · 0⤊ 0⤋
find other investors and consult them to form a group of members who were cheated.
In future, never invest all money in one sector for higher returns, diversify your investments in bank fds,mutual funds, shares, gold etc.
best of luck
2006-12-18 06:07:23 · answer #4 · answered by toknowmore 4 · 0⤊ 0⤋
Check the following web site
www.investorhelpline.in
There you can register your grievances, its free, they will follow up. You can see the status of your grievance.
Good luck
2006-12-18 07:15:20 · answer #5 · answered by Ramachandran k 1 · 0⤊ 0⤋
put in cosumer court .they will look after everything.
2006-12-19 05:02:20 · answer #6 · answered by kalasarpa009 k 2 · 0⤊ 0⤋