Lin intime (india) pvt ltd - non-payment of dividend for 2 years

Posted on Monday, January 23rd, 2012 at 11:13pm CST by 42a54e53

Product: Mangalore refinery & Petrochemicals shares

Company: Lin intime (india) pvt ltd

Location: C-13 Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai-400078
Mumbai, Ma, 400078, IN


Category: Other

Non-payment of dividend for two years 2009-10 and 2010-11 Mangalore Refinery & Petrochemicals Corp by Linkintime (India) Pvt Ltd

Folio 05021884

Vide their letter No.LIIPL/962/DIV/2009-2010/339819/10848 dated 16/09/10 Link Intime (India) Pvt Ltd, transfer agents for MRPL sent dividend warrant No.339819 directly to my bank, State Bank of Travancore, North Main Road, Annanagar West Ext. Chennai-600101. But instead of mentioning bank???s name as ???State Bank of Travancore??? they mentioned ???State Bank of India???. A/c number and bank address etc. were correct. Due to this error the Bank returned the cheque to the company. I complained about this at the co???s website on 30.09.2010 but no action has been taken.

Again vide their letter No.LIIPL/MRPL/DIV10-11/317455 dated 16.9.2011 they sent dividend cheque No.317455 on HDFC Bank to my address. Again they mentioned the bank???s name as ???State Bank of India???. Due to this error HDFC Bank dishonoured the cheque.

I wrote registered letter dated 20.10.2011 enclosing the returned cheque claiming dividend amounts for 2009-10 and 2010-11. No action has been taken by the company so far.


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