Sridhar Peddiraju filed complaint against Margadarsi Chit Fund Private Limited on Sep 30, 2020
I had won the chit prize money this month but the company is not releasing the price money quoting government Sureties are needed. while joining me in the chit, the agent and manager verified all the Sureties informed me that they are good & I will be eligible to bid & get the prize money without any issues. Based on that I have joined the chit, But my problem started in last * months when I have been trying to bid for the prize money, both the agent and manager have trying deny me taking money for quoting various reasons. They were pushing me bid after * or * months and not now, after that i went in person and attended auction to win the bid this month. I have already provided * Sureties (son,daughter,daughter in law) who together earn more than ** lakhs per annum along with it documents of my house and none of them have any loans for chit with present value of ****** rs. Still the company is trying to deny me the prize money. Kindly help me in this regard.

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