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Non payment against redemption of HDFC Mid-Cap Opportunities Fund Units

This is a discussion on Non payment against redemption of HDFC Mid-Cap Opportunities Fund Units within the Investments forums, part of the Business & Finance category; Dear Sir, I, Sribash Majumder, was the holder of 500 Units of HDFC Mid-Cap Opportunites (Growth) Fund vide Folio No.3935693/52. ...

  1. #1
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    Default Non payment against redemption of HDFC Mid-Cap Opportunities Fund Units

    Dear Sir,

    I, Sribash Majumder, was the holder of 500 Units of HDFC Mid-Cap Opportunites (Growth) Fund vide Folio No.3935693/52. I have taken the same on 25.06.2007. However, after the lock-in period 3 years, I have surrendered the same for redemption. After a lot of correspondences, the HDFC authority issued a cheque of Rs.6911.50 and directly sent the same to PNB Savings Bank Account from which I have issued the cheque at the time of investment.

    But already that account had been closed by me as I have shifted my residence. I requested HDFC authority several times that I have already closed my PNB Savings A/c. at Nagpur and shifted my residence to Kolkata. I have provided my new address as well as a cancelled cheque of my SBI savings bank a/c.

    But inspite of several request, correspondence, the cheque has been sent to my old address, as told by HDFC authority, and as such, till date after a gap of 9 months from the date of surrendering the same, I have not received the payment cheque.

    I humbly request your good office to kindly intervene in the matter and help me to get my hard earned money back.

    At present I am residing at the following address :

    Plot No.102, Sector-1, IMT Manesar, Gurgaon, Haryana
    My SBI savings bank account No.10209044062.

    Kindly help me.

    With Regards,
    SRIBASH MAJUMDER

  2. #2
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    Jan 2012
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    Dear Sir,

    Kindly take action against HDFC authority and arrange to get back the money/cheque and send it to the address as provided. ` `

    Regards,
    S.MAJUMDER

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