Invested in REC bonds.
Complain ID : CCN035282 27
Investments Complaint
Complaint Date: August 3, 2022
Re: grievance for Folio / DP ID Client ID 288622 Sole / First Applicant's Name KYRA JOANNA BRITTO REC Investor Cell
To:malcolmbritto@yahoo.com
Cc:kyrabritto@gmail.com,malcolmbritto@yahoo.com,pobangalore.recl,Parth Shah,Gaurav Sarawagiand 2 more...
Tue, Jul 19 at 6:39 a.m.
Dear Investor,
We would like to inform you that we had processed the maturity payment in investor SBI Bank account number 35563867097 on 31-03-2021 but payment had rejected by bank with remarks ACCOUNT IS RESTRICTED.
After that our RTA have issued cheque and dispatched at your mailing address bur same has not encased by investor.
After received request documents from the investor we have re-processed the payment to investor bank account on 25.10.2021.
As per Information Memorandum of 54 EC bonds, REC will not be liable to pay any interest after redemption date of the bonds due to any reason whatsoever.
With Best Regards,
Rajeh Rai
Investor Cell
To:malcolmbritto@yahoo.com
Cc:kyrabritto@gmail.com,malcolmbritto@yahoo.com,pobangalore.recl,Parth Shah,Gaurav Sarawagiand 2 more...
Tue, Jul 19 at 6:39 a.m.
Dear Investor,
We would like to inform you that we had processed the maturity payment in investor SBI Bank account number 35563867097 on 31-03-2021 but payment had rejected by bank with remarks ACCOUNT IS RESTRICTED.
After that our RTA have issued cheque and dispatched at your mailing address bur same has not encased by investor.
After received request documents from the investor we have re-processed the payment to investor bank account on 25.10.2021.
As per Information Memorandum of 54 EC bonds, REC will not be liable to pay any interest after redemption date of the bonds due to any reason whatsoever.
With Best Regards,
Rajeh Rai
Investor Cell
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