Dated 28-06-10

From
Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007

To
The Consumer Court
HYDERABAD/AGRA

Subject: Recovery of Rs 100000=00 deposited in relation to admission at IBS-Mumbai
(MBA programme, 2010-12).

Sir/ Madam

This is to inform you that I Arjun Sharma got selected for PGPM programme this
year in ICFAI and got IBS- MUMBAI branch. My admit card Number is 104074. I would
like to draw your attention towards following facts that I applied for education loan in
SBI Agra branch but SBI refused to it as IBS-Mumbai is not approved
from AICTE and also last year’s strike done by ICFAI students all over ICFAI centres
in India demanding AICTE approval of ICFAI institutions hence I was forced to re-think my decision to join IBS( ICFAI) to pursue my MBA career. All the recognition stuff also makes it impossible for my parents to admit me at IBS. I have to further state that since my parents came to know the seriousness of this problem after my parents deposited the money while my parents were not fully informed about the campus problem. Due to this I am extremely disappointed for my carrier. I now feel that it is really a great risk to join IBS (ICFAI) now. So I strongly felt that under this situation of uncertaintees, why should I undertake this highly expensive course of Rs 8.5 Lakhs. This is in such
condition when I will be so uncertain about my future prospect. Also, It will not
be easy for me to repay the amount back to Bank (Education loan amount+ interst).
So, I have decided now not to take admission at IBS Mumbai. I also feel that the
admission fee at IBS (IcFAI) has been kept very high despite knowing the fact that bank
does not provide loans for this.I hail from a middle class family and such huge amount
cannot be managed by my parents easily. Hence, if on wish of my parents, I am
demanding my money back, it is no shame, Hence, if I am not taking admission, I
may be returned this money at the earliest.

I had deposited amount of Rs 100000=00 which was given for preparatory classes and laptop by draft via SGB(Shreyas Gramin Bank) draft number 248279 dated 29th May, 2010, total amounting Rs 100000=00 sent to Hyderabad address of ICFAI,(IBS).

I therefore request to you to convince IcFAI institution that since I
have not taken my admission, hence the amount remaining after deducing fees for
bonafide and registration should be refunded by draft in favour of my father (Mr. Pankaj Sharma , SGB (SHREYAS GRAMIN BANK Dayalbagh, Agra Account number-7990).

I shall be highly obliged for this.
Address of ICFAI:
IBS Head Office
#6-3-354/1/2, Hindi Nagar, Punjagutta, Hyderabad-500082, India.
Phone: 40-233850100
Fax: 40-23385200
E-mail of ICFAI: hqamc@ibsindia.org

Yours faithfully

ARJUN SHARMA
Admit card Number- 104074.

Address for Correspondence

Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007
Phone: 09760338611
e-mail: arjun_cool_20@yahoo.com

From
Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007

To
The Consumer Court
HYDERABAD/AGRA

Subject: Recovery of Rs 100000=00 deposited in relation to admission at IBS-Mumbai
(MBA programme, 2010-12).


Sir/Madam,
Despite of shooting a mail approximately a year ago, no action has been taken. whereas another student (Jainis Dubey 312216) who also had applied for the same (who had also asked the institution for a refund after the date) has been refunded the amount paid by him. Thus kindly do something about the issue. And there being absolutely no reason of disparity between candidates, I hope that I will also be refunded the amount i.e. 100000. As I am in need of the same. kindly do the needful.

Thanking You,

ARJUN SHARMA
Admit card Number- 104074.

Address for Correspondence

Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007
Phone: 09760338611
e-mail: arjun_cool_20@yahoo.com, Arjunsharma.mba@gmail.com

From,

Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007

To
The Consumer Court
HYDERABAD/AGRA

Subject: Recovery of Rs 100000=00 deposited in relation to admission at IBS-Mumbai
(MBA programme, 2010-12).


Sir/Madam,
Despite of shooting a mail approximately a year ago, no action has been taken. whereas another student (Jainis Dubey 312216) who also had applied for the same (who had also asked the institution for a refund after the date) has been refunded the amount paid by him. Thus kindly do something about the issue. And there being absolutely no reason of disparity between candidates, I hope that I will also be refunded the amount i.e. 100000. As I am in need of the same. kindly do the needful.

Thanking You,

ARJUN SHARMA
Admit card Number- 104074.

Address for Correspondence

Arjun Sharma
S/o M r. Pankaj Sharma
128 Maharishi Puram behind
Amar Ujala press, Agra-282007
Phone: 08657604491
e-mail: arjun_cool_20@yahoo.com, Arjunsharma.mba@gmail.com