Sampathi Securities limited - Legal pressure

A financial entity issued a legal notice under Section *** of the Negotiable Instruments Act for a failed ₹*,*** transaction that occurred on or around June **, ****. The payment was attempted via an e-mandate linked to a bank account but failed due to insufficient funds. Despite this, the company initiated legal proceedings and sent a summons for personal appearance in a court located in another state.

The individual affected had already filed a cybercrime complaint regarding the transaction, applied for free legal aid, and submitted an exemption request to the concerned court. However, the company continued to exert pressure without offering resolution or acknowledging the pending legal aid process.

This situation caused emotional distress and financial strain, especially due to the involvement of elderly dependents and the burden of inter-state legal travel. The grievance has also been submitted to multiple regulatory bodies including RBI, CPGRAMS, and the State Human Rights Commission.

The complainant seeks public awareness and fair resolution to prevent coercive recovery tactics and protect vulnerable families from undue legal stress.