Location/place: KOLKATA
Name of company/service: KARVY COMPUTERSHARE
I hold 50 nos. of Atlas Copco equity shares which I lost in transit. I applied duly for the duplicate share certificate. In the mean time COMPANY delisted itself and extended EXIT OFFER to its existing Shareholders. Whatever be the reason, I did not get duplicate certificates by the closure date of EXIT OFFER.
However, KARVY COMPUTERSHARE Pvt LTD, managers to ATLAS COPCO’s share matters wrote to me saying that Duplicate certificates are ready and retained by them. I may submit rest of the EXIT OFFER Applcation form by 19th May 2012.
On 17th morning at 10 AM, I walked into the KOLKATA Office of KARVY COMPUTERSHARE and asked them whether I should express courier the application or they will accept it on behalf of their Hyderabad Office.
I was strongly assured that if I submit the application with them, the same will most certainly reach their Hyderabad office the very next day, that is, 18th May 2012. There is no need to courier it.
More than two months elapsed, I still haven’t got paid for the Redemption.
Now, KARVY Hyderabad comes up with flimsy reason that my application has not reached them in time. Although, in between, in response to my frequent inquiry they kept on saying that the matter will be settled in two week’s time.
They also came up with another new issue, They claim that I have been informed about rejection of my application for DUPLICATE CERTIFICATE.
My question is how can they tell me that the duplicate certificate is ready with them, all I have to do is to submit EXIT OFFER application for redemption.
GOPA BHATTACHARYA
103 RASHBEHARI AVENUE
KOLKATA 700029
email : [email protected]
Leave a Reply