Consumer Redressal

Dear Sir/Madam, 1) During the process of liquidation of SBI life insurance policy no.45003045508 in the name of Mr Abhijit Sawant amounting to Rs.5.00 crores you have submitted police panchnama to Sbi life insurance company. In that police panchanama report details of suicide note of late Mr. Abhijit Sawant was present. In that suicide note various details regarding other insurance policies amounting to Rs.22 crores was also mentioned clearly. 2) Further we would like to raise question why the above said insurance policies were not liquidated and transferred to our outstanding loans at that time only. As loans were personally guaranteed by both the directors. 3) So, It can be concluded that you intentionally avoided the said polices. Hence, we would like to conclude that your bank officials along with other directors of our company has done fraud of Rs.22 crores of insurance policies. 4) Further we would also like to convey that along with our other directors your bank officials disbursed various loans like Rs.12.00 crores term loan having sanction no. TL/SWTL/101/2011-12, Rs.12.20 crores term loan having sanction no. HLCC/ED/F/290/2012-13, Rs.11.00 crores cash credit having sanction no.-FGM 4/CREDIT/F/94/2014-15 and Rs.1.00 crore under CGTSME loan in fraudulent way without having proper due diligence of our books of accounts. 5) Hence as per above said points it is very clear that your bank officials has been disbursing loans in fraudulent ways which was part of your plan so that you can easily get insurance claims collusion with other directors. In this way you committed fraud of Rs.36.20 crores by way of bank loans and Rs.22 crores by way of insurance claims ie. total you created fraud of Rs. 58.20 crores. 6) We would also like to raise question as to why after the other director liquidated insurance policies you started pressurising us. Hence, it shows that bank officials at the time of liquidation of policies as well as at the time of disbursement of loans are in collusion with other director. This clearly shows that bank officials at the very inception of disbursement of loans has dishonest and fraudulent intentions. If no action is taken against bank officials and concerned director we will be constraint to file legal suit against them in the court of law. 7) We further request to all the learned people mentioned in the supplementary letter to have in depth enquiry as per late actor Mr.Sushant Singh Rajput case, for the said created fraud of Rs.58.20 crores by officials of Bank of Maharashtra and our other directors involved in loan processes by Enforcement directorate ( E.D).and also due to such fraudulent plans my Brother committed suicide for which we also request to have enquiry by Central Beaureau of Investigition ( CBI) and give proper justice to us by giving proper punishment to the culprits as per the prevailing law.