Friday, February 17, 2023

Saharayn Universal Multipurpose Society Ltd. is ready to repay investors money and High court orders so but Central Registrar is procrastinating

Grievance Status for registration number : MOCOP/E/2023/0001236

Grievance Concerns To

Name Of Complainant

Yogi M. P. Singh

Date of Receipt


Received By Ministry/Department


Grievance Description

Cooperation >> Central Registrar and Cooperative Society >> Multi State Cooperative Society related matters >> Other Multi State Cooperative Society related issues

Society Name : Saharayn Universal Multipurpose Society Ltd, Bhopal

Reference number from MSCS Act : 34016622102


An application on behalf of Om Prakash Maurya S/O Bhai Lal Maurya addressed as Main road Chaksaif, Kapoor Karpet Gali, District-Sant Ravidas Nagar Bhadohi, PIN Code. 221401, Mobile number-8756871222.


Mr. Upadhyay submits that the petitioner societies have all the intention to repay all its investors/depositors without any delay. He submits that the petitioner societies, in fact, are in a position to repay all the members/depositors whose amount has become due and payable.

Mr. Upadhyay, learned senior counsel appearing for the petitioners has assured us that such members/investors/depositors shall be duly paid the amount found due and payable to them. Accordingly, we direct that the petitioners shall pay the amounts due to the members within two weeks of such determination being made. Proof of such payment shall be filed by the petitioners with the Central Registrar.

Think about the gravity of the situation: not a single penny was paid to the investors but still no action by the union of India against the alleged defaulters petitioners.

When the company is ready to pay the dues which means a matured amount of the investors then why staff of the central government are procrastinating on the complaints made by the investors. I have submitted more than two dozen complaints regarding the non-payment of the dues by the petitioner company but the Central government is not taking appropriate action in the matter.

It is most unfortunate that the offices of Central Registrar and Cooperative Society are procrastinating to be instrumental in getting payment of investors money from Saharayn Universal Multipurpose Society Ltd, Bhopal even when later is ready to pay the matured amount of the investors. Requisite documents can be perused from the attached file in the PDF form to the complaint.

Despite the order passed by the High court of judicature and company is ready to repay but concerned public office is not sending the list to

Grievance Document

Current Status

Under process   

Date of Action


Officer Concerns To

Officer Name

Organisation name

Ministry of Cooperation

Contact Address

Email Address

Contact Number