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14%
1.32 

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A BAD COMPANY TO BE ASSOCIATED WITH
Jul 17, 2009 04:03 PM 15960 Views

Customer Service:

Promptness:

I had 2 relationships with this company; 1- I rented them my retail premises to open their Goregaon east branch; 2-I gave them money to do commodity and gold arbitrage.


I was extremely dissatisfied with them in both these relationships.


1- they returned the shop in a very bad condition(photos attached), created liabilities with the shopping society by doing illigal parking and refusing to pay, and also just before leaving the premises their branch manager informed the BMC in writting that the premises is on rent and the property tax needs to be revised. Since the BMC liability came to my knowledge after they left, now they do not communiate on this issue. They have still not sent the TDS certificate.


2- they did not give promised returns in commodity arbitrage and there was delay in payment of funds. in gold arbitrage they lost capital and blamed it on rupee volatility. paid some compensation in the form of interest but was still insufficient to meet the full capital loss, forget the promised return of 20%.


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